
"At the end of the year, Georgia’s economic growth rate will reach $8,200 per capita", - Chairman of the Georgian Dream party Irakli Kobakhidze said at the briefing.
As he notes, the economic growth data should exceed $10,000 per capita for the country's European integration to be considered seriously.
"The economic growth data of Georgia were published yesterday, according to which the country's economic growth rate grew by 7.6 percent in the first half of 2023, in January-June. At this rate, by the end of the year, the economic growth rate of Georgia will reach $8,200 per capita, while the similar rate in 2021 was only $4,250.
This means that in just 3 years, the nominal economic growth rate of Georgia has almost doubled in dollar terms, which is the result of maintaining peace in the country, along with the effective economic policy of the Georgian government. Establishing a strategic partnership with China will naturally further improve Georgia's economic development prospects.
Economic growth is the most important factor for the fulfillment of all political tasks of Georgia - including improving the social conditions of the population, eliminating poverty, strengthening Georgia's strength against internal and external political challenges, and even in terms of the country's European integration", - Irakli Kobakhidze said.
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