Georgia expects five percent economic growth in 2014
By Jamila Babayeva
Georgian Prime Minister Irakli Garibashvili predicts a 5-
percent economic growth in 2014.
"It is our prediction that confirmed by forecasts of the World Bank
experts. It is a real figure," Irakli Garibashvili said, Rustavi 2
TV channel reported.
Garibashvili acknowledged the drop in economic growth in 2013.
However, he said, there has been a revival in the economy in the
third quarter of 2013, which resulted in the growth of foreign
trade, especially in the 22- percent rise in exports, including
with EU countries.
Garibashvili said the situation improved following the
stabilization of the situation inside the country. "The situation
began to improve in the economy and this will continue," he
added.
He promised that the next year will be much better than the current
one.
The World Bank predicts Georgia's economic growth to be 6.3 percent in 2014, and the International Monetary Fund - 5 percent.
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