"We expect Georgia's economic growth in 2025 to be higher than projected by international financial institutions. We anticipate that Georgia's economy to expand by around 7.5% in 2025," Vakhtang Tsintsadze, Deputy Minister of Economy and Sustainable Development, states.
In the Deputy Minister’s words, one of the factors contributing to high economic growth will be Georgia's competitive advantage in the development of the Middle Corridor. Vakhtang Tsintsadze also focused on the high capital expenditures that will maintain in the coming years thanks to large infrastructure projects that will have a transformative impact on the country's economy.
Among such projects, the Deputy Minister named the Anaklia deep-sea port, the East-West high-speed highway, the new Tbilisi International Airport, and others. "These projects will further boost the attractiveness of Georgia's economy, contribute to attracting private investment into the economy, and ultimately raise the living standards of our country's citizens," the Deputy Minister points out.
Notably, the European Commission's "European Economic Outlook" report has revised Georgia's economic growth forecast for 2025 upwards to 7.3%. This is 1.3 percentage points above the spring forecast.
