World Bank reduces Georgia’s economic growth prognosis

The World Bank has reduced the economic growth prognosis to 3.5%, which is less than the previous estimate for the year of 2017.

As reported, the Bank has also reduced the economic growth prognosis for the upcoming two years.

According to the report, Georgia’s economic growth will be 4% in 2018 (-1,3) and 4.5% in 2019 (-0,5).

Under the report, the World Bank estimates only a 2.5% increase of the global economy. (IPN)