Georgian PM, gov’t economic council discuss current economic trends, new initiatives
Members of the council highlighted the country’s double-digit economic growth, despite the current challenging situation in the world, and said they would continue to work “actively” to maintain this trend. Photo: Government administration
Tweet 
Share
Georgian prime minister Irakli Garibashvili and members of the government's economic council on Saturday reviewed current economic trends in the country and discussed new initiatives, as well as the ongoing and planned projects, the government administration said.
At the meeting, the chairman of the government of the autonomous republic of Adjara Tornike Rizhvadze provided information about the ongoing and planned infrastructure projects in Georgia’s Black Sea city of Batumi.
Members of the council highlighted the country’s double-digit economic growth, despite the current challenging situation in the world, and said they would continue to work “actively” to maintain this trend.
Georgian economy minister Levan Davitashvili on Thursday said Georgia was expected to have a higher economic growth this year compared to estimations made by international financial institutions at the start of the crisis stemming from the war in Ukraine.
Georgian prime minister Irakli Garibashvili and members of the government's economic council on Saturday reviewed current economic trends in the country, as well as the ongoing and planned projects, the government administration said.
Georgian prime minister Irakli Garibashvili on Friday said the country’s "unprecedented" double-digit economic growth of 10.5 percent in August and 10.3 percent over the first eight months of 2022 was the result of the government's "reasonable policy”.
The Georgian economy grew by 10.5 percent in August and by 10.3 percent in the first eight months of 2022 year-on-year, the latest data from the National Statistics Office of Georgia show.
“Major investments” made and planned in the Georgian energy sector and prospects for future cooperation were discussed on Thursday in a meeting between Georgian prime minister Irakli Garibashvili and Praveer Sinha, the CEO and managing director of Tata Power Company Limited.
Georgian prime minister Irakli Garibashvili and members of the government's economic council on Saturday discussed the “positive” economic trends in Georgia and the positive impact of double-digit economic growth on the country’s economic development, the government administration said.