Government of Georgia – Appearance 2016

Prime Minister welcomes the improved economic growth forecast Print Version

2016-05-12

We are planning to implement important reforms that will substantially alter the investment environment in Georgia next year. We consider that this will entail considerable acceleration of the economic growth of Georgia and this will influence the growth of the number of working places, - Prime Minister Giorgi Kvirikashvili responded to the prognosis made by the EBRD regarding the economic growth of Georgia.
Pursuant to Prime Minister, it is a welcoming fact that the EBRD has reassessed the economic growth potential of the country and increased the prognosis to 3.4% from 3%.
"I would say that even larger growth shall be expected till the end of year. Within the frames of the 4-point reform plan we are undertaking major changes alongside with completely altering the management strategy of infrastructural and other projects. We consider that the growth indicator will be increased due to the refinement of the enforcement mechanisms, steps taken in a view of improving Georgia's image at the international level as well as stability that has become Georgia's characteristic throughout the last years," - Prime Minister indicated.
Prime Minister's Press Office