Our Government has done its best to ensure that there is peace, stability and high economic growth in the country. Unemployment and poverty have reached a historic minimum, - Prime Minister of Georgia Irakli Gharibashvili said at the government meeting.
As the Prime Minister noted, 220,000 jobs have been created in the last two years, the exchange rate of Lari is stable, and the Government has many large-scale projects planned that will be implemented this year.
"I want to evaluate the current situation once again. You know that we closed last year with a double-digit economic growth. A few weeks ago, the updated data was published. In particular, 10.1% is the data of 2022, which means that for the last two years, we have had double-digit economic growth. Of course, this was not accidental. This is a result of the thoughtful, reasonable policy of our Government. One of the main challenges for us was double-digit inflation. Last year there was a period when inflation reached 12 and 13%, but it was not only in our country. This is a global challenge, a problem that began during the coronavirus pandemic, then continued after the war in Ukraine. In Europe, this was called inflation caused by the war. We would not be an exception in this case. Despite this, we managed to stabilize the inflation rate. In particular, the current inflation is already 9.4%, which gives us a reason for optimism, but it is not enough. Our task is to further reduce inflation as much as possible. As you know, prices are a problem and challenge that worries the world and our people today. Our Government has done everything to ensure that there is peace, stability and high economic growth in the country. Unemployment and poverty are at historic lows. 220,000 jobs have been created in the last two years. The exchange rate of Lari is stable and we have a lot of large-scale projects planned, which will be implemented this year," said the Prime Minister.
