The Georgian Economy Minister Levan Davitashvili said he hoped the national economy would continue growth this year and see the gross domestic product per capita reach the $8,500 mark.
Davitashvili claimed the domestic economy was “more resistant” to external shocks than those of other countries.
"Our economic policy is probably more prudent, more sustainable I think the economic success of recent years is the main explanation why we can be closer to European Union membership.
Even today, with an income of $8,500 [GDP per capita] and a growth rate, we can say Georgia is leading among all [EU membership] candidate countries.
Our macroeconomic data are also very close to the main parameters of the Eurozone. I mean, our debt-to-GDP ratio is pretty low; The budget deficit is quite low; Inflation level was 2.5 percent last year, but it was below one percent in the last eight months”, - Davitashvili stated.
Davitashvili noted the indicators were quite promising for Georgia to be quite adequate with the requirements not only for the 2028-2030 expansion package of the bloc, but even for today.
The Minister highlighted the Government needed to have a long-term vision, noting the 2030 development strategy for the country, which he said was a very clear, detailed roadmap of goals.
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