GEL continues to depreciate on a daily basis. The official rate of the national currency is 2.92 GEL per dollar, but it is much higher in commercial banks and currency exchange booths. Economists link GEL depreciation to impulsive economic policies, which are reflected in the deficit of investment and current challenges in the country.
"The general background is certainly a weak economic growth that causes impairment of the lari. Unfortunately, it will continue until the economy grows much faster and I do not expect the growth of the economy because the government does not do anything to stimulate the economy, have an economic policy, and therefore economic growth will be slow, "- said financier Giga Bedeneishvili.
Neither business people are making a positive prognosis. They do not rule out that prices for primary consumption will increase even more. According to them, it is also inevitable to increase the price of tobacco.