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Friday, 20 April 2018


Saakashvili satisfied with Georgia’s foreign debt

2011-02-01 19:46

President of Georgia Mikheil Saakashvili believes that the republic has got a much smaller debt than its neighbours, GHN reports.


"Our situation is better in this respect", - Georgian leader underlined, having added that presently, the country's banking sector is healthy and stable, while Georgia is the world's leader in reforms and a country with the high indicator of economic growth.

Let us remind you that as was reported earlier, according to the Georgian Ministry of Finance as of 31 December 2010, the volume of Georgia's foreign debt and the credits taken against state guarantees amounted to almost four billion dollars. In 2010, Georgia's state debt grew by 555 mln dollars.

Besides the world countries, Georgia's creditors include international institutions, which Georgia owes 2 bln 850 mln 597 thnd dollars in aggregate.

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