Georgia

Inflation rose to 15.1% y-o-y in May, up from 12.2% in April- representing a multi-year high for the indicator. Going forward, we expect that inflationary pressures will subside in... 2008-07-02

Our short-term political risk rating for Georgia has fallen from 56.5 to 51.5 due to the public unrest following the January 5 presidential election, where incumbent President Mikhail... 2008-03-04

The National Bank of Georgia raised its key refinancing rate on February 20 by 100bps to 11.00% in order to ease inflationary pressures amid substantial price growth of 10.7% y-o-y... 2008-03-04

We have revised upward our 2007 Georgian economic growth forecast to 9.8%, in line with strong first quarter real GDP expansion of 11.4% y-o-y and robust foreign capital inflows driving... 2007-10-30

The Georgian government is proposing an increase in its defence budget for 2007 from $723mn to $855mn. It is hoped that the revised budget will allow for greater military reforms... 2007-10-29

Over recent days, a number of events have taken place which have buttressed our generally positive long-term view of the outlook for Georgia in economic and security terms. Perhaps... 2007-10-12

Georgia's foreign exchange reserves hit a record US$1.22bn at the end of June, 12.6% of forecast 2007 GDP. In line with this latest figure, we have revised upward our 2007 end-year... 2007-08-31