PM Gakharia: ‘Georgia can use the conditions of the coronavirus crisis to help economic recovery'

Georgian Prime Minister Giorgi Gakharia considers that Georgia can use the very conditions created by the coronavirus crisis to help in the process of economic recovery.

This crisis should be an opportunity for our country's economy, and the Georgian economy should emerge even stronger from this crisis. Here we may find directions and sectors for economic growth that we had never thought of before and could not imagine", Gakharia said.

Gakharia stated that economic recovery will start from tourism, which will be followed by agriculture and then construction, development, industry, education and then medicine.

We will follow this plan. The opening of economic sectors was scheduled according to two components: how important the specific sector was for the economy and how much it was affected by the pandemic”, Gakharia said.

Starting today the next phase of coronavirus-related restrictions are lifted: all kinds of manufacturing has resumed and retail and wholesale stores, except for clothing and footwear stores and shopping malls that have joined entrances have opened.

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Gakharia said that "we all need to understand that this process will be with us at least until the end of the year, but we must not stop our daily economic life".

Georgia will spend 3.5 billion (about $1.09b/€1.01b) on its coronavirus anti-crisis plan that Gakharia announced last month.