18 February 2020,   19:17
In parallel to devaluation of GEL , fuel price increase

A devaluation of GEL has already affected the fuel price. A Chairman of the Union of Importers of Petroleum Products states that although the fuel prices in the international market are diminishing, the price of oil products rises in Georgia and this is caused by impairment of GEL.

"The price increased on average of 0,3 GEL. The increase in prices is caused by the international price and the exchange rate of GEL, "said Vano Mtvralashvili.

Specialists say that the government can stop the process of price increases if the taxes for importers reduce.