The Dynamics In All Financial Sectors Are Very Positive - PM
According to Prime Minister Irakli Garibashvili, in April, Georgia had an economic growth of 7.5% and the dynamics in all financial sectors are very positive.
As Irakli Garibashvili pointed out at the government meeting, the main determinant of the growth is peace and the correct policy pursued by the government.
"In April, we had 7.5% economic growth, which is very promising against the background of the current very difficult geopolitical situation. Export volume increased by 20% in April, and the growth of tourism revenues exceeded 100% in the first quarter of this year. Growth is observed in the construction sector, insurance-finance, transport, information and communications sectors. In general, the dynamics are very positive and need to be maintained. As you know, the main determinant of all this is the peaceful period that we have in our country and also the right policy implemented by our government", said Irakli Garibashvili.
According to the Prime Minister, the business sector is particularly active. As he noted, the turnover of the business sector increased by 15% in the first quarter of the year.
"Also, I would like to note that the business sector is very active. In the first quarter of the year, the economic turnover of this sector has increased by about 15%, which amounts to GEL 44 billion," said Irakli Garibashvili.