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Tuesday, 25 October 2016


Georgia to live USD 4bn

2010-10-04 13:20

8359.jpegGeorgia's budget for next year will amount about USD 4bn. Main directions of financing will be spheres of health care, economy, and construction - RosBalt.


Initiative on establishment of a free tourist zone in Kobuleti is expected to be included in the draft budget. It implies construction of 30 hotels.

According to previous messages, direct foreign investments in Georgia in 2009 amounted USD 759.1 mln. Tentative data of the National Statistics Service of Georgia say it's about USD 804.9 mln less than in 2008.

Investments were divided in the following: USD 204.1 mln were invested in industry; USD 153.6 mln - in transport and communications; USD 134 mln - in hotels and restaurants; USD 132 mln - in real estate; USD 79.7 mln - in construction sphere; USD 45.3 mln - in banking sphere.

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