GD Prime Minister Irakli Kobakhidze said the Georgian economy might surpass the International Monetary Fund’s (IMF) forecast of 7.2% growth for 2025, citing strong performance in recent months. He made the statement before the government session, held after a three-month break.
“Last month was also successful in terms of economic growth. Overall, growth in January–July amounted to 8%, which is the highest indicator not only in the wider region, but also in Europe,” Kobakhidze noted.
According to him, Georgia’s solid economic performance is already reflected in the strengthening of the national currency and record foreign exchange reserves.
“The national currency rate has strengthened by 15 tetri against the USD in the past seven months, which demonstrates the resilience of our economy. Meanwhile, the National Bank increased foreign exchange reserves by $1.3 billion in March–July, a record figure. Taking into account August data, we expect this number to exceed $1.5 billion by the end of the year,” Kobakhidze said, adding his thanks to the National Bank and its President for their contribution.
