Georgian PM, heads of banks, business association discuss economy trends

The trends and dynamics of the economic growth, exports and tourism in Georgia were at the top of the agenda of a meeting between Georgian Prime Minister Irakli Garibashvili and chairpersons of the Business Association and Georgian banks on Tuesday. 

Garibashvili highlighted the “positive economic trends,” naming the country’s 18 percent growth in January and also pointing to data showing 47.6 percent increase in exports of locally produced goods, totalling $331.3 million, as well as rising trends in tourism.

• PM Garibashvili: “unprecedented” economic growth needs to be maintained, increased

The Government head pointed to importance of "maintaining and increasing" the growth in this direction, specifying the role of business in the process by expressing the Georgian Government’s “full support” for the sector and calling on them to “actively participate” in the implementation of projects and programmes announced by the state, “aiming at stimulating economic growth and creating new jobs in the country,” the Government Administration announced. 

The PM  also learned about the economic situation and the forecasts of the country’s National Bank regarding the Georgian Lari exchange rate from its President Koba Gvenetadze.