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PM of Georgia called reasons of country’s son driving out of crisis

2010-06-25 13:27

PM Nikoloz Gilauri believes that economic indexes of the country remain not bad even in conditions of crisis - Georgia Times correspondent.


At yesterday's Georgian-Austrian business forum in Tbilisi Marriott hotel, decrease of economy last year amounted 13.9 per cent, which is not bad, considering similar indexes in neighbouring states.

He added this year started quite positively, and increase of economy in the first quarter reached 4.5 per cent, and in general this year will reach 5 per cent. Gilauri added that Filch gave Georgia В/В+ rating. According to this prognosis, the increase of economy in 2010 will reach 6 per cent.

The PM also called the reasons of country's soon driving out of crisis: reforms, held in recent years, and active aid of financial institutions [World Bank, EBRD, Asian bank of Development and others).


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