03 May 2024,   01:59
more
In January-April, we had over 8% growth on average, 8.1%, which is good news - Irakli Garibashvili

I would like to open today’s meeting with very important and positive news. As you know, April"s economic growth statistics were published today and prove to be unprecedently high, 44.8%, said today the Prime Minister of Georgia.

According to Irakli Garibashvili, April saw a 44.8% economic growth, that is, almost 45%, which is truly unprecedented and positive.

“In January-April, we had over 8% growth on average, 8.1%, which is good news. In April of 2020, we had a very low drop in Georgia’s economy, which is understandable. Of course, we believe that this year’s economic growth will be much higher and faster than forecasted previously. During today’s Cabinet meeting, the Finance Minister will present projected economic statistics for this year’s and medium-term periods. Importantly, the updated indicators look much more promising. Let me cite a few examples. Export in April grew by 70% and remittances are up 144%, and it is very positive that the dynamic of budget revenues is also very convincing and optimistic”, - added the Head of the Government.

MORE HEADLINES