NBG President predicts 5% real economic growth in 2022

NBG President predicts 5% real economic growth in 2022

access_time2021-10-27 15:00:48

 

Georgia sees 10% economic growth amid tightened policy, President of the National Bank of Georgia (NBG) Koba Gvenetadze said Wednesday.

According to the updated forecast, the real growth will reach five per cent next year that will boost  the recovery of  tourism, Gvenetadze notes.


“In light of a changeable global forecast, inflation will start declining  in 2022 along with shocks decrease, followed by loose monetary policy gradually,” Gvenetadze stresses.


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