Georgia's International Holdings Surge to $18.1 Billion, Net IIP Worsens
Georgia's international holdings have surged by 888.1 million USD, reaching 18.1 billion USD (49.3 billion GEL) as of June 30, 2025. Meanwhile, the net international investment position (IIP) has worsened to -33.0 billion USD (-89.9 billion GEL), marking a -93.5% of Georgia's GDP over the last four quarters.
The net IIP has deteriorated by 1.4 billion USD compared to the previous quarter. This decline can be attributed to a significant increase in liabilities, which climbed by 2.3 billion USD, totaling 51.1 billion USD (139.2 billion GEL) by the end of June. Despite this, Georgia's international holdings have seen a substantial boost, indicating a shift in the country's investment landscape.
The chairman of the National Bank of Georgia, as of June 30, 2025, was not found in the provided search results.
Georgia's international holdings have shown a significant increase, while the net IIP has deteriorated. This contrast suggests a complex investment scenario, with growing liabilities offset by substantial foreign assets. The identity of the National Bank of Georgia's chairman remains unclear as of the latest reports.
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