20 November 2024,   03:40
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Natia Turnava, Economy Minister, presents 10-year development plan

Minister of Economy presented a 10-year economic development strategy which covers 12 major areas, ranging from small business empowerment, investment attraction, to specific development policies and quantitative indicators in each key area that the country should achieve by 2025 and 2030.

“Our main task in the near and medium term will be to maintain a steadily high rate of economic growth, as well as a stable macroeconomic environment and the foresight of the environment for our business.

Georgian economic growth rate will reach 8% this year taking into account unprecedented growth in April and in May. This means that we will completely reverse 2020 year’s drop of -6.2% and move on to absolute growth. Then in 2025 and in 2030 we will continue to maintain average economic growth of 5-5.2%. The main task of the Government is to reduce the poverty rate to 15% in 2025 and less than 10% in 2030”, - said Natia Turnava.

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