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Pension Fund Unable to Withdraw Money from Georgia up to 2023
4 February, 2020, 15:04
Pension Fund Unable to Withdraw Money from Georgia up to 2023

Tbilisi (GBC) – TBC Capital expects the Pension Fund’s assets to rise to 4 billion GEL by 2023. The forecast is 1.2 billion GEL for 2020, 2 billion GEL - for 2021 and 2.9 billion GEL for 2022.

The Fund’s assets amounted to 507 million GEL in 2019.

According to the TBC Capital forecast, by 2023,  the Pensions Fund’s investment portfolio will be distributed in the following way: Treasury securities cash and deposits– 2.8 billion GEL; shares and bonds issued abroad – 0.8 billion GEL; domestic bonds  - 0.4 billion GEL. 

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