PM hopes the end of the year with double-digit economic growth

Georgian prime minister Irakli Garibashvili on Wednesday expressed hope that the country would finish the year with a double-digit economic growth. 

Speaking at the Investors Council meeting, Garibashvili also focused on the increase in foreign direct investments. 

According to the head of the government,  FDI had doubled in the first six months of this year, amounting to 922 million dollars, which, he said “is also an important reason for optimism”. 

In his previous comments, the PM praised the activities of his government which “had ensured” the increase in the economy, while the countries worldwide were facing “recession” due to the Russia-Ukraine war. 

Investors Council is an independent platform of private and public dialogue chaired by the Prime Minister of Georgia, with the objective of promoting dialogue between the business community, international financial institutions, donors and the Government of Georgia with the objective of promoting business and investment climate in Georgia.

Investors Council is funded by the UK Government’s Good Governance Fund (GGF) through the European Bank for Reconstruction and Development (EBRD) and is supported by the Government of Georgia.