Georgia operates with a liberal economic policy, low tax rates and an efficient tax system, making the country an attractive destination for foreign investment, - this is how Prime Minister Irakli Kobakhidze described Georgia’s economic model while speaking at the 2026 World Governments Summit during the roundtable session, “The Future of Investments.”
According to Kobakhidze, Georgia’s economic growth is driven by several key factors, including simple bureaucracy and effective governance. He emphasized that streamlined administrative processes significantly improve the business climate and make economic activity easier and more predictable for investors.
Kobakhidze also highlighted Georgia’s strong performance in global anti-corruption rankings. He noted that Georgia ranks among the global leaders in corruption control and has better indicators than 8–9 EU member states, - a factor he says further strengthens investor confidence and enhances the country’s credibility on the international stage.
Kobakhidze concluded that these combined advantages create a highly favorable environment for both economic development and foreign investment. Georgia’s long-term vision, he stated, is to maintain a supportive business climate that attracts international investors - a strategy he believes is already proving successful.
