Georgia’s Economic Outlook: Moody’s Predicts 5.5% Growth in 2024
In a significant development, Moody’s has forecasted a robust 5.5% economic growth for Georgia in 2024. Despite the positive outlook, the country’s credit rating remains unchanged at Ba2. Let’s delve into the details: The Improved Outlook The primary reason for the improved economic outlook lies in the assessment of Georgia’s vulnerability to geopolitical risks. Moody’s has lowered this assessment, signaling greater resilience. The country’s strengths include: High Economic Growth: Georgia’s…