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Georgian net international investment position deteriorates

Georgian net international investment position deteriorates

Dec. 29—The net international investment position (IIP) of Georgia amounted to -$23.9 billion (-78.6 billion lari) as of September 30, 2020, accounting for -146.3 percent of the last 4 months GDP, Trend reports via the National Bank of Georgia (NBG). Net IIP deteriorated by $209.7 million compared to the previous quarter. International assets amounted to $11 billion (36.3 billion lari) by September 30,...

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Georgia Georgian IIP NBG National Bank of Georgia