Georgian Finance Minister meets with US top business delegation to discuss Georgian economy
US top business delegation is visiting Georgia to study the country’s investment potential and business. Photo: Ministry of Finance.
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Georgian Finance Minister Ivane Matchavariani has met with a US business delegation today to introduce them to them to the country’s economic and investment environment.
The business delegation is composed of the heads of top US investment funds headed by Yitz Applbaum, a general partner and the cofounder of MizMaa Ventures. The delegation is visiting Georgia to study the country’s investment potential and business.
Matchavariani spoke about the country’s macroeconomic environment with the delegation. He also noted the country holds a number of leading positions in international rankings.
The business delegation is composed of the heads of top US investment funds. Photo: Ministry of Finance.
Georgian GDP grew 6.1% in July 2019, while it grew 5.1% overall in January - July 2019.
The unemployment rate in Georgia decreased by 0.7 percentage points to 11.4% in the second quarter of 2019.
- Q2 of 2019: unemployment down by 0.7%
- Georgia recognised as easiest place in emerging Europe to do business
Matchavariani spoke about the country’s macroeconomic environment with the delegation. Photo: Ministry of Finance.
Matchavariani also noted the country's potential in the field of transit and logistics.
The members of the delegation expressed hope that their visit to the country will be mutually beneficial in terms of both investment, knowledge and experience sharing.
Yesterday the delegation also met with the Georgian Prime Minister Gakharia and expressed their interest to invest in Georgia.