The SDR is a liability that has no maturity date

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7 billion USD (18.2 billion GEL), which is 20.3 percent of GDP. In the third quarter of 2024, the external debt of the National Bank of Georgia increased by 26.1 million USD, which is mainly a result of exchange rate changes. At the end of the third quarter of 2024, the total external liabilities of the National Bank amounted to 862.


0 million USD. Of this, 471.8 million USD are allocated special drawing rights (SDRs)1, which has no maturity date and, in practice, will not be obligated to pay as long as Georgia is a member of the australia telegram phone number list International Monetary Fund. This statistical information is published on the website of the National Bank of Georgia, in the statistics section. The SDR is an international reserve asset created by the IMF, which is distributed to the IMF member countries in proportion to their quotas.


and, in practice, will not be due as long as the country is a member of the IMF. It should also be noted that the volume of the above-mentioned distributed SDR is also reflected on the asset side of the National Bank and, accordingly, the net liability of the NBG is zero. Since 2009, the IMF has changed its methodological approach to the SDR, which is why from this period the distributed SDR is recorded as a liability.