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PM’s capabilities regarding economic issues raise questions – Economist

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Natia Taktakishvili
24.02.21 14:30
541
PM’s capabilities regarding economic issues raise questions, - economist Soso Berikashvili declared and noted that the Prime Minister made only populist statements in the parliament yesterday. The economist has also responded to Garibashvili’s statement that the state must intervene in the economy as little as possible is a myth.

"I cannot take Prime Minister's statement seriously noting that the Rose Revolution completely damaged the economy. This is a political statement and has no economic basis. It is a lie if we look at the numbers. So, this cannot be discussed in a serious context.

Encouragement of agriculture and exports are populist statements. What strikes me the most is the PM’s attitude towards the economy. PM’s capabilities regarding economic issues raise questions, as he explains weakly regulated economy is poor and the invisible hand of the market is not working. He said we need more regulations and more state intervention in the economy. This approach is drastically wrong and it could create a lot of problems in the future," said economist Soso Berikashvili.