Georgia maintaining economic stability despite “grave regional challenges, decline in global prospects” - PM

Georgian Prime Minister Irakli Garibashvili on Monday addressed the World Government Summit in Dubai. Photo: Government press office, 13 Feb 2023 - 11:51, Tbilisi,Georgia

Georgian Prime Minister Irakli Garibashvili on Monday told the World Government Summit in Dubai his Government had managed to maintain the country’s economic stability despite the “grave geopolitical situation” and challenges in the wider region, as well as “declining global economic prospects” in the aftermath of the coronavirus pandemic and the ongoing Russia-Ukraine conflict. 

Extending his greetings to Sheikh Mohamed bin Zayed Al Nahyan, the President of the United Arab Emirates, and Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and the Prime Minister of the UAE and the Ruler of Dubai, the PM stressed his Government had a vision for a “strong Georgia committed to a free market economy and democratic institutions”. 

He said the vision had been reflected in his office’s “multidimensional approach that is ensuring overall stability, sustainability and predictability for the Georgian people”, and added his team had been “developing effective and efficient policies and are solidifying our vision through robust actions” and had initiated “multi-stakeholder efforts” to increase investment in public goods.