According to the Minister of Economy and Sustainable Development of Georgia, Levan Davitashvili, by the end of the week, fuel will get cheaper by another 10 tetri.
As of him, in about a month, the price of Euro Regular type fuel will be within GEL 2.
"Our expectation is that the price of Euro Regular will drop below GEL 2, this is absolutely realistic. Every week the prices will get cheaper. We expect that the fuel price will be reduced by 10 tetri at the end of this week. The population may ask why not immediately? - because the supplies brought the fuel at different times with different prices, and it will certainly be reflected gradually. Within 1 month, we think that the price will be around GEL 2.
If prices continue to fall on the international markets and our importers will have the opportunity to import cheaper fuel, prices may continue to fall," Davitashvili said.