The International Monetary Fund [IMF] published Regional Economic Outlook for the Middle East and Central Asia.

The report paid specific attention to the issues of restructuring and support of troubled firms. IMF named Georgian reform in restructuring firms as a model for the region and a model of success.

“Georgia carried out significant reforms to increase the country’s fiscal sector’s sustainability, improved the business climate, reduced corruption, facilitated the taxation system, introduced online payment services and electronic tenders”, - reads the report.