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Thursday, 27 October 2016


Government of Georgia reports the growth of economy

2010-05-04 11:46

The economy of Georgia successfully overcame the crisis and took the way of economic growth, PM Nika Gilauri reports - Georgia Times correspondent.


He presented the success in the economic sphere at the meeting with Georgian businessmen in Radisson hotel in Tbilisi.

In particular, he reported the increment of GDP in the first quarter 2010 [comparing to the similar period of 2009] amounted 4 per cent.

Tax income of the budget grew by 12.1 per cent and amounted 1 086 500 000 lari [appr. USD 650.6 mln].

Deposita of the banking sector increased by 44.5 per cent [again, comparing to the similar period of 2009] and amounted 3 587 000 000 lari [appr. USD 2 147 904 000].

Export grew by 54 per cent, import increased by 6 per cent in comparison to the similar period of 2009; trade balance deficiency decreased by 8.7 per cent [in comparison to January-March 2009].

Positive indexes were registered in production and export of power energy, cargo delivery and other spheres of economy, the PM noted.


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