IMF Regional Economic Outlook: Caucasus and Central Asia presentation

April 28, 2020

Today at 17:30, Join the Spring 2020 Regional Economic Outlook: Caucasus and Central Asia presentation and discussion, which will be live on 麻豆传媒 Facebook.

Speakers: Jihad Azour, Director, Middle East and Central Asia Department, INTERNATIONAL MONETARY FUND (IMF);
Koba Gvenetadze, Governor, National Bank of Georgia;
Kairat Kelimbetov, Governor, Astana International Financial Center.

Language: English and Russian.

The Caucasus and Central Asia (CCA) regions are being strongly affected by COVID-19 and the sharp decline of global oil prices. The priority has been to respond to challenges of the pandemic, including through higher health sector expenditures, travel and transport restrictions, physical-distancing measures, and where possible, fiscal support to vulnerable groups, the unemployed, and small and medium enterprises. The growth outlook for 2020 has turned from positive to near-zero or negative across the region. There are significant uncertainties about the duration, depth, and spillovers from the two shocks, with concerns about job losses, fiscal and foreign exchange buffers, debt, financial institutions, and loss of progress in reforms to business environments, regional integration, and diversification. The IMF is working with other international and regional financial institutions to provide rapid support.

Date: Today, April 28
Time: 17:30
Venue: Live stream on 麻豆传媒 Facebook page