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Sunday, 22 April 2018


PM of Georgia speaks about growth of economy

2010-02-02 17:36

Nikoloz Gilauri, the PM of Georgia, is content with the economy indexes of the last quarter of 2009 and January 2010 and says they show positive dynamics - Georgia Times correspondent in Tbilisi.


At today's sitting of the government Gilauri said the exact figure would appear in March, but even now it could be said the GDP growth in the 4th quarter of 2009 was within 1.5 per cent.

In January 2010, comparing to January 2009, tax incomes increased by 5 per cent, GDP growth amounted 12 per cent. The registration of deals at real estate market increased by 32 per cent, the number of permissions for construction soared and grew practically twice.

"In the 4th quarter the GDP growth was positive, and so, the crisis was over in the 4th quarter. The acceleration of economic activity is observed in Georgia now. I hope the reforms we'll conduct this year will favour economic growth. We plan that GDP growth this year will be at least within 2 per cent," Gilauri concluded.


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