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“We have a double-digit economic growth - 10.5% - in the first 6 months. This is a great exception in the world. I have frequent communication with our European colleagues and leaders, and they are surprised how a small country managed such a strong economic growth,” - Prime Minister Irakli Gharibashvili told reporters.
"You know very well how difficult the situation is today in the world, not only in our region. During the pandemic, the global economy has shrunk; the national economies have suffered setbacks, and in 2020 we've also had a very big downturn, but you'll remember that the bold and smart steps we took last year made our economy grow. We achieved an unprecedentedly high double-digit growth last year. The biggest challenge of the 21st century is the war in Ukraine for our region and the whole world. It is expected that the world economy will shrink. The situation regarding energy prices is very difficult. Inflation around the world is at an all-time high - we have a double-digit economic growth as a result of our prudent and national policies. As you know, the GEL continues to strengthen, business is very active, thousands of jobs are created, and we will maintain this trend as much as possible", - Irakli Gharibashvili said.
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Today is Good Friday
18/04/2025