Georgia not to take huge foreign loans
By Messenger Staff
Friday, January 4By the end of 2012 Georgia’s foreign loans reached nearly 4 billion USD. During the last year it increased by 333 million USD, this according to the Ministry of Finance of Georgia. Minister Nodar Khaduri stated the country does not plan to further increase its loans. Moreover, the Minister promised that the country would pay back certain loans. This concerns Euro bonds and some IMF loans as well.