19 April 2024,   06:55
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"The price growth is unavoidable," the opposition speaks about the record losses of Lari

The opposition demands urgent action from the government to stop the impairment of GEL and offers specific recommendations. The ruling team also recognizes the difficult situation but sees the reason for the problem in the processes taking place outside the country. The GEl is the lowest in the 24-year history of its existence. According to the National Bank data, the cost of 1 dollar is almost 2 GEL and 79 tetri. The euro has reached 3 lari and 12 tetri.
"There are two solutions - the first to radically change the government"s economic policy and to make the budget adjustment, and the second, the national bank urgently needs to change the monetary policy," - says Roman Gotsiridze. Zurab Tchiaberashvili, a member of the "European Georgia" sees the way out in rapid economic growth and says that the government does not have a state policy.
Gia Volski from the ruling team believes that the impairment of the national currency is related to processes in key partner countries.

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