Two years ago the Government debt was more than 60% of GDP, it has been reduced to almost 38% - Garibashvili

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GEO

20 September 2024, 01:54

19 September

21:03
We need a constitutional majority in order to punish the criminals, so that peace can be established in Georgia once and for all - Kobakhidze

20:56
By coming to the elections on October 26 and supporting Georgian Dream, you get a guarantee that no one will be able to involve Georgia in the war, and the war criminals will be severely punished - Bidzina Ivanishvili

20:55
As in the past, even today, the radical opposition does not act in accordance with the interests of the country and the people, but in accordance with the tasks received from outside - Bidzina Ivanishvili

20:13
Georgian people, with national unity, defeated the traitorous, oppressive, anti-national, anti-Georgian and foreign interests political force - Garibashvili
18:16
The weather to worsen in Georgia

17:35
One of the world’s most active volcanoes has erupted again at Hawaii Volcanoes National Park

17:26
Intelligence Service plays a leading role in our national security system. Your efforts to protect Georgia from internal and external threats contribute to peace, security, and well-being in our country - Papuashvili

16:09
It was not possible to reach an agreement at this stage - Gakharia for Georgia party on unification
15:40
Portugal battles with fires - 62,000 hectares burned and seven lives lost

14:51
Poland’s third-largest city braces for peaking floods

14:17
Russian occupation forces illegally detained a Georgian citizen near the village of Zemo Artsevi

13:51
According to your information, we’ve already been sanctioned once. Are we being sanctioned again – Kakha Kaladze
13:15
Person who threw “Molotov cocktails” at the policemen is hugged, and the policeman who protected the society is sanctioned, this is not the approach that a strategic partner should show – Papuashvili

13:15
Georgian National Energy and Water Supply Regulatory Commission, Georgian Competition and Consumer Agency signed memorandum of cooperation

11:20
Zaur Dargali, Georgian Dream’s delegate candidate, held another meeting with women living in Marneuli municipality

10:50
Unidentified flying object near Latvian border turns out to be flock of birds
10:20
Within the framework of the Georgian Dream election campaign, a meeting with residents will be held in Rustavi today

09:58
“Night Serenades” hosts an evening of Brazilian music

09:48
26-year-old man has been arrested for the murder of Kesaria Abramidze – MIA

09:34
Georgia ranks among top 41 globally in Freedom of Opinion, Expression Index - World Bank
08:11
The National Bank sets new exchange rate for GEL
18 September

21:07
Kesaria Abramidze was killed in Tbilisi

20:09
Khazaradze, Gakharia hold another meeting at the Orbeliani Palace

18:45
I am sure that Biden is not even aware of this decision - Prime Minister on sanctions

18:27
When the President gets involved in election processes as a party, it is a gross violation of the Constitution - Irakli Kobakhidze
18:10
I hope, yesterday’s decision will be the last in the direction of destroying relations – Prime Minister on US sanctions

18:08
The Prosecution Service of Georgia has initiated criminal prosecution against five individuals regarding the so-called fraudulent call centers case

18:01
There are 2 ways to restore the territorial integrity of Georgia: one way is war, the other way is reconciliation. Anyone who opposes reconciliation automatically goes to war - Kobakhidze

17:03
The recent anti-democratic actions of the Georgian government are not helping Georgia or the Georgian people - Robin Dunnigan
14:25
Technical delay was on the Saburtalo line of the Tbilisi Metro

13:24
CEC calls upon stakeholders not to mislead voters

12:30
Coast Guard Department of MIA Border Police detained the vessel under the flag of India for the violation of the rules of navigation in the Georgian Territorial Waters

11:29
Matters pertaining to European Youth Olympic Winter Festival discussed at Government Commission meeting
11:26
Parliament of Georgia ratified “The Agreement between Georgia and the Kingdom of Belgium on Law Enforcement Cooperation”

11:21
Sanctions apply to Georgian citizens only if a court in Georgia has issued a legally binding guilty verdict related to the sanctions - the National Bank

10:19
Another electronic technology compliance audit set for October 26 election

10:09
The US, unlike some countries in the world, it is the democratically elected government that makes our policy choices - Miller
10:04
Three firefighters die as Portugal battles dozens of wildfires

09:33
The sale of tickets for the Ukraine-Georgia match will start today

08:55
Hezbollah vows retaliation against Israel for deadly pager explosions

08:40
Georgia ranks among top 20 in Europe in Corruption Absence Index - World Bank
00:02
The National Bank sets new exchange rate for GEL

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Two years ago the Government debt was more than 60% of GDP, it has been reduced to almost 38% - Garibashvili

15-09-2023 11:56

The Government’s debts have been reduced. Such a statement made today the Prime Minister of Georgia.

“I would like to remind everyone that two years ago the government debt was more than 60% of GDP. We actively started this process and the government debt has been reduced to almost 38%.

As you all know, poverty and unemployment are at historic lows. Government reserves are at an all-time high, exceeding $5.5 billion. I would also like to say that in the last 10 years, the deposits of our citizens placed in commercial banks have increased almost ten times. The economy is completely different this year than it was 10 years ago.

I repeat once again, this is the result of peace and stability. Otherwise, there would have been any economic growth. I would like to remind everyone that they talked about default 3 years ago, when there were changes in our government. Everything will be fine”, - said Irakli Garibashvili.

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