At the same time, 55% are confident that the lari will keep falling. Amid a post-pandemic economic recovery, sales growth and an improvement in the labor market, business does not expect the national currency to gain its value despite the tightening of the National Bank's monetary policy, an increase in foreign exchange earnings, a decrease in the interest rate on the deposits in dollars to a historic low, and other factors that should have boosted the national currency’s strengthening.
In 2021, this factor is gradually softening amid the recovery of the tourism sector and the opening of other sectors of the economy. But still 34% of the surveyed businessmen are concerned about a decline in the purchasing power of the population.
The labor shortage problem has become even more acute after the pandemic and also hinders the country’s development.