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Thursday, 20 September 2018


Is the Georgian economy free?

21.01.2010  |  23:27

I do not see any clear prospects. The production sector in Georgia is not operating. We have turned into a consuming country, which speaks of the real state of economy. Unfortunately, the country's economy does not expand: no new working places and no opportunity to include the VAT.

Sergey Demidenko


Many things will depend on Saakashvili's economical course and foreign support. At present, there is no serious industry and natural resources in Georgia; the economy of the republic is mostly oriented at the agricultural production release. When the country's government represents a clear strategy of reorientation and makes loans for that purposes, one will be able to talk about any prospects. It is impossible to speak about any serious prospects under the current conditions of the dependence of the Georgian economy.

Irakliy Menagarishvili

There are many difficulties here, from the absence of the clear idea of the economical development prospects to the serious problems that followed after August 2008. The presence of the Russian military men in Abkhazia and South Ossetia and the actual occupation do not contribute to conducting the business, for it is a restraining factor for a number of indicators of the business risks. All these things happen against the background of the world crisis that could not pass by Georgia. Yes, the country economy is facing difficulties but we hope to overcome them.


Ruslan Chigoev


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