PM pledges support for business, says sector “absolutely free"

Georgian prime minister Irakli Garibashvili on Tuesday met representatives of the Georgian business community to discuss the current economic situation of the country, the government administration said. 

At the meeting Garibashvili stressed the double-digit economic growth of Georgia amid the "current complicated situation and pessimistic expectations" in the world. He said thanks to the government's "reasonable" policy and "effective steps", the Georgian economy had “recovered fast” and grown by 10.3 percent between January-August. 

• Georgian PM: “unprecedented” economic growth of 10.3% “result of reasonable policy”

At the press briefing following the meeting, Garibashvili told the press his “main message” to the business was that the government would "support the business as much as possible". The domestic business sector “is absolutely free", he also told reporters.  

The PM said the turnover received by the Georgian business sector had increased "significantly", marking a 31.5 percent year-on-year growth and amounting to ₾150.4 billion (about $53.25 bln) in 2021.

• 2021: Georgian businesses report $53.25 bln in turnover, employ 744,300 people

The government head also noted his meeting with the private sector had reviewed new initiatives, programmes and projects, adding government officials had presented their vision of how the sector could be “more active”. "We have agreed on a number of new initiatives that we will implement", Garibashvili told the press.