The Georgian Constitution and the Act of Economic Freedom read that the external debt of Georgia concerning GDP should not exceed 60%.
As the latest data say, the indicator totals 58%.
Georgia's external debt has exceeded 18 billion GEL, and by the end of 2020, it will reach 22 billion GEL.
In 2020-2024 the Georgian government plans to take a credit of 16.6 billion GEL.
The projected government figures are as follows:
2020 - 7.1 billion GEL
2021 - 3.4 billion GEL
2022 - 2.1 billion GEL
2023 - 2 billion GEL
2024 - 2 billion GEL
Georgia's external debt has almost doubled since 2013, and the figure tends to triple.