Georgian Prime Minister Irakli Kobakhidze on Monday highlighted the country’s "robust" economic system and "sound" policies, which he said had contributed to its “economic progress” and a 10% growth in foreign direct investments.
"During these four years alone, our economy grew by GEL 40 billion. For example, we have surpassed Moldova by about USD 9 billion. This means Georgia’s budget will receive about GEL 10 billion more in 2024 than it did four years ago. All this is the result of correct economic policy”, he said.
He stressed the “sustained growth” had led to a “historic reduction” in unemployment, adding the rate had nearly halved since 2012, with 680,000 citizens lifted out of poverty.
"Furthermore, the Prime Minister highlighted the Government's “commitment to peace and stability”, noting the country had “not experienced a war during the current administration”, which he described as a “milestone” in the nation's history.
"We follow the national interests of Georgia, our priority is peace, stability, economic progress [...] Our task is to have an even higher rate over four years than we had during these four years. We have maintained continuous peace for our country, [and] the [spell of the] Georgian Dream Government is the first after the restoration of independence during which the country has not had a war”, Kobakhidze added.
He emphasised the Government’s policies were “driven by the aim of improving the social conditions of its citizens and ensuring continuous economic advancement”.
