The latest updated 10-month results show the country's
Posted: Mon Jan 06, 2025 4:09 am
How Georgia's economy is shaping up in 2025 - economy growing by 10%. The results for the last two months of the year are unknown, and the forecasts for next year, which economists say will definitely be affected by the political crisis, are even more vague.
Cautious assessments of expectations and even more pessimism were caused by the deterioration of relations with the West. Problems with Western partners began in the spring, when the government decided to Germany business fax list initiate and approve the so-called Russian law in parliament. Then there were elections, the recognition of the results of which created problems both in the domestic and foreign political fields.
The political instability was exacerbated by Prime Minister Kobakhidze's statement, when he spoke on behalf of the Georgian people about postponing the opening of negotiations for accession to the European Union until the end of 2028. The decision of the "Georgian Dream" was followed by protests, first in the center of Tbilisi and gradually throughout the country.
2024 (9 months) - $966.3 million
Cautious assessments of expectations and even more pessimism were caused by the deterioration of relations with the West. Problems with Western partners began in the spring, when the government decided to Germany business fax list initiate and approve the so-called Russian law in parliament. Then there were elections, the recognition of the results of which created problems both in the domestic and foreign political fields.
The political instability was exacerbated by Prime Minister Kobakhidze's statement, when he spoke on behalf of the Georgian people about postponing the opening of negotiations for accession to the European Union until the end of 2028. The decision of the "Georgian Dream" was followed by protests, first in the center of Tbilisi and gradually throughout the country.
2024 (9 months) - $966.3 million