In an interview with Business Insider Georgia, the Asian Development Bank [ADB] country Director for Georgia, highlighted the country`s continued access to international capital markets as a clear testament to its robust macroeconomic management.

As Lesley Bearman Lahm underlined, the successful refinancing of Eurobonds, characterised by high investor demand and favourable pricing, reinforces the global financial community`s trust in Georgia`s fiscal credibility.

"Georgia`s fiscal framework is prudent and credible, and recent developments reflect continued fiscal discipline and effective public financial management. In 2025, the fiscal deficit declined to 1.2% of GDP, driven by strong revenue mobilisation and more moderate expenditure growth. At the same time, public debt decreased to below 35% of GDP, which is significantly lower than widely used prudential benchmarks. Georgia`s uninterrupted access to international capital markets, including the successful refinancing of Eurobonds amid high investor interest and favorable pricing, further underscores confidence in the country`s macroeconomic management and fiscal reliability", - said the country Director.

On monetary and regulatory policy, she noted ADB assesses the approach of the National Bank of Georgia as firm and consistent under current conditions, highlighting persistent downside risks due to Georgia`s sensitivity to global and regional shocks, external price pressures, and high dollarisation. Lesley Bearman Lahm also pointed to the strengthening of external buffers through the accumulation of foreign exchange reserves. As of February 2026, Georgia`s gross international reserves reached a record level of approximately USD 6.65 billion, exceeding commonly used adequacy benchmarks: "This is particularly important given the high level of dollarization and the economy’s vulnerability to external shocks".