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Wednesday, 25 April 2018


Growth of Georgian economy in June

2009-08-03 16:44

Georgian economy was growing in June, said Nikoloz Gilauri, the PM, alluding on statistic data, reflecting results of June.


He added that May was a complicated month in regard of the economic activities, but in June indexes improved.

The turnover of the companies paying VAT, increased by 6 per cent in June [comparing to May], the growth continues in July, the PM said. Also, comparing to May, export increased by 9 per cent in June, and indexes for July will be known in 203 weeks, he added - Novosti-Gruzia.

Gilauri expressed hope the results of the acting economic package the government of Georgia had recently proposed to the society, would be evident in fall. That package implies stimulating the construction sector, issuing of government bonds for implementation of infrastructure projects, and mediation of the international financial institutions for additional credit resources to the banking sector of Georgia.

At the same time, assets and deposits of the Georgian banking sector are decreasing.


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