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Sunday, 23 October 2016


Gilauri reported about the successes of the Georgian economy

2011-05-24 18:58

Gilauri reported about the successes of the Georgian economy. 17452.jpegThe Prime Minister of Georgia Nikoloz Gilauri reported today at a meeting of the Georgian Parliament about an increase in exports this year by 40%.


«The products manufactured in Georgia occupy more and more new countries and new markets» - said Gilauri.

He also briefed the members of the government with the country's macroeconomic performance over the period. So, according his information, Georgian GDP growth amounted four percent and economic growth amounted six percent.

As Gilauri said, in March and April Inflation was zero, but on an annualized basis it was 12 percent.

«According to our forecasts, annual inflation will decrease and will amount 9.8 percent» - he added.

He also noted that unemployment in the country declined from 16,9 percent to 16,3 percent, and expressed hope for further similar dynamics.

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