Reuters: “Georgia says currency will weather Turkey, Ukraine fall-out”

A Reuters interview with Georgia’s Minister of Economy highlights the recent stability of the country’s national currency - the Lari, economic relations with Russia and Europe and issues of emerging market turmoil.

The interview with Economy Minister Giorgi Kvirikashvili, led by journalist Margarita Antidze, was published on the Thomson Reuters Foundation website on February 17.

The article stated the currency was expected to remain stable in Georgia, despite depreciating in recent months. The country remained wary of Russia and continued working towards European integration, the Minister emphasized.

We have a rise in exports and imports, and the current account deficit is going down. This, and our decision to help the agriculture sector, gives us hope that there will be no surprises in terms of our currency stability, he said, referring to recent government moves to boost agriculture. Kvirikashvili said the current situation in countries around Georgia impacted the Georgian economy, of course.|/

Read the full article on: www.trust.org