“High economic growth continues. In January-July, our economic growth is 7.2%,” – the Georgian PM Irakli Gharibashvili said at the government meeting. The Prime Minister also spoke about the inflation and the activity of the business sector.
"I would also like to say that inflation was a challenge not only for our country, but the whole world. We have taken quite effective steps to regulate and lower inflation, in August it is 0.9%, which is certainly a great achievement, while high inflation and high prices remain a challenge in Europe, America and the entire developed world.
I would like to say that there is a very high activity in the business sector in general. For example, I will tell you that in the second quarter, the turnover of the business sector increased by 15% and amounted to 48 billion GEL, and in two quarters the turnover of the entire business sector exceeded 92 billion GEL, which is very welcome. And, of course, we must continue to grow at higher rates," said the Prime Minister.
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