The Minister of Economy and Sustainable Development, Natia Turnava, responded to the 7.7% decline in the Georgian economy in June and said that the first signs of economic recovery were obvious.
"Despite all the difficulties, the June statistics show that our economy is gradually recovering and the first signs of this are obvious - the pace of economic decline is slowing down," the Minister said.
She on the sectoral structure of the economy. According to her, in June 2020, the mining sector showed positive dynamics.
"Compared to June of the previous year, this sector has increased. This is also the result of the correct policy of the government," - said Natia Turnava.
According to the Ministry of Economy, it is noteworthy that the rate of registration of enterprises has increased for the first time in recent months: in June 2020, 4309 enterprises were registered in the country, which is 10.7% higher than the corresponding period of the previous year. According to the Minister of Economy and Sustainable Development, this figure once again indicates that the government's anti-crisis policy has already yielded results and the economy is gradually overcoming the negative environment created by the pandemic.
See all the news
Update on Shuakhevi HPP
Turkey to open doors to 31 countries for health tourism
Statement by Andrius Kubilius on the EU assistance for Georgia
Wine sales have increased 5 times in the UK - Georgian-British startup
S&P: Georgia Heads Toward Recession
Gurian Tea "Gamarjoba" will Appear on the Market from September
Coronavirus: Boris Johnson moved to intensive care
First-Stage Land Usage Permit for APM Terminals Poti
How will Nenskra HPP Reduce the Electricity Import?
Wizz Air suspends all flights from Georgia to Europe except Budapest
Carrefour: The product will be on the shelves with the prices same as before
Differences between tobacco and nicotine products
OECD cuts 2020 global growth forecast over virus
Georgia to export new armored vehicle Didgori Meomari
"Hotels are in shock, reservations are canceled" - Shalva Alaverdashvili
Georgian brand Entrée enters the UK market and opens its first facility in London
The first Swiss-Georgian VET college will soon be open in Dmanisi
Frontera claims that Georgian government has started harassing the company since 2013
Company HotelFriend offers convenient eComerce platform to Georgian Touroperators
Will the head of "Anaklia Deepwater Port Development Agency" be replaced?