Economy, News

Georgia expects 6 % growth in 2013

by | Feb 7, 2013

TBILISI, DFWatch — Georgia’s finance minister Nodar Khaduri says the government expects 6 % growth in 2013, low inflation and reduced state debts.

He also notes that 6 percent growth is the minimum estimate on which the Georgian government is working.

The finance minister Wednesday summed up his visit to the US, where he met with government officials, as well as representatives of international finance organizations and investment corporations. He also held meetings with the International Monetary Fund.

“The US government has absolutely adequate information about the work done in the last hundred days in Georgia,” Khaduri says.

The finance minister says the government expects a 6 percent economic growth in 2013, and a low inflation, about 3.5 percent.


“Those numbers are based on calculations done by the exchange fund. We want to once more confirm that 6 percent economic growth is the minimum on which we will work this year. This time, economic indicators will increase the next year in parallel with increased investments,” he said.

Georgia plans to cover two state debts in 2013.

“We don’t expect financial assistance from the International Monetary Fund, vice versa, we should pay debt to the monetary fund this year and we will pay this debt in first half of the year,” Khaduri says.



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