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Gov't Expects 2022 To Close With Double-Digit Economic Growth

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Natia Taktakishvili
31.10.22 13:15
406
Georgian Prime Minister Irakli Garibashvili on Monday said the domestic high economic growth rate was expected to be maintained with the year closing with “double-digit figures”.

The government administration cited Garibashvili as saying the current 10.2% growth was “unprecedented in Europe”, in his summary of figures of the past nine months at the weekly government meeting.

We are maintaining high economic growth rates amid the current geopolitical challenges and tension. The Georgian economy grew 10.2% in the first nine months of 2022 - this is unprecedented in the whole of Europe", the PM said.

The government head also added Georgian exports had increased by 37.4% in the reporting period, while income from exports had reached USD 4 billion.