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Georgia is a hostage of the World Bank and the IMF. These institutions give Georgia money, but Georgia cannot spend it.

Summary of Disinformation

Georgia is a hostage of the World Bank and the IMF. These institutions give Georgia money, but Georgia cannot spend it.

Disproof

Since 1992, the World Bank Group, as a leading development partner, has provided concessional credits and loans to finance 55 projects in different sectors of the economy, totaling over $1.8 billion: bit.ly/2sdxWMb, // In March 2017, Georgia and the International Monetary Fund agreed a three-year programme worth $285 million to underpin economic reforms and encourage investors: reut.rs/2quC7CX, // No evidence that Georgia would not be able to spend the money.

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Reported in: Issue 70
Date: 24.05.2017
Language: Georgian
Country: Georgia
Keywords: World Bank, IMF
Outlet where the disinformation appeared: geworld.ge
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