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We Are Under The Illusion Of Economic Growth - Businessman

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Natia Taktakishvili
14.02.23 18:31
287
We are under the illusion of economic growth and we like this situation, - businessman Temur Chkonia told BMGTV. According to the businessman, Georgia's economy is growing at the expense of the Russia-Ukraine War.

"The process of two-digit growth of the economy in Georgia coincides with the terrible war between Russia and Ukraine... When there is a war between two countries, a third country that is territorially close can be used not only as a place for carrying sanctioned cargo, but also as a part of the normal economy; Therefore, I am sure that our economy is growing at the expense of the war", - Temur Chkonia said.

According to Chkonia, this growth cannot be sustainable, because the war cannot last for a long time.

"In my opinion, after the war, the entire flow of investments will mainly go to Ukraine; billions are needed to restore Ukraine - in addition to the support of companies, this country will have the support of international financial institutions, and this is justified," he said.

According to the businessman, the state bureaucracy must work effectively in order Georgian economy to continue growing at a high rate. "The pace of decision-making should be faster, because it determines the rapid growth of the economy," Temur Chkonia noted and once again emphasized the importance of reforming the judicial system.