POLITICS
29.09.22 17:00
Indeed, in the last few days the inflow of citizens from the Russian Federation to other countries in South Caucasus or Central Asia have increased quite a bit, for example, Kazakhstan estimates 100,000 migrants in the country, these developments are unfolding in front of our eyes, Lyaziza Sabyrova, Director of the Regional Cooperation and Operations Coordination Division in Central and West Regional Department, stated at the 55th annual meeting of the Asian Development Bank, in response to IPN's question about the impact of the mass influx of Russian citizens on the economy of Georgia after the announcement of partial military mobilization.
According to Sabyrova, after the first wave of migrants, the economies of the South Caucasus improved, but it might be a one-time effect.
"Perhaps it’s a little bit early to say what impact this inflows will have, but the first wave of migrants in our countries were mainly IT specialists, they came with some funds, established some enterprises, businesses and overall, South Caucasian, Georgian or Armenian economies improved and we upgraded the growth outlook of 2022 actually twice, up to 7%.
But it might be one-time effect and a lot depends on what in the economy of the Russian Federation will be happening. There is so much uncertainty as of now and the new wave of people are coming, we have different demographics, status, so a lot remains to be seen. But I am sure your eceonomists look for what impact it has on inflationary pressures, on housing, services, rents and so on. On the other hand, we also see quite a big inflow of tourists and I am talking about tourists not necessarily from Russia, even though Georgia is not yet to its pre-pandemic level of tourism, there is a revivial already. So what happens in the economy it will be impact of different factors, some of them will be working for pushing growth, economic and business activity and some others will be working opposite," Sabyrova said.
source: IPN
Read: 370
Write comment
(In their comments, readers should avoid expressing religious, racial and national discrimination, not use offensive and derogatory expressions, as well as appeals that are contrary to the law)
News feed
-
Turkey is extending a hand of reconciliation to Armenia. Yerevan must seize opportunities
12:4326.04.24
-
11:5226.04.24
-
10:0026.04.24
-
From 'alliance' to open hostility: Armenia and Russia
19:0325.04.24
-
17:5425.04.24
-
17:0025.04.24
-
Lithuanian Ambassador: Foreign influence bill contradicts EU recommendations
16:1025.04.24
-
Shalva Papuashvili: We hear statements and concerns from the US State Department, Brussels
15:3025.04.24
-
14:5725.04.24
-
14:0625.04.24
-
13:1425.04.24
-
Defense Committee Chair hosts Head of NATO Liaison Office in Georgia
12:3025.04.24
-
11:5725.04.24
-
11:1125.04.24
-
Rally against draft law "On Transparency of Foreign Influence" underway near Parliament
10:0025.04.24
-
MIA to identify individuals calling for blocking roads artificially during Rustaveli Avenue rallies
18:0024.04.24
-
Lazare Grigoriadis leaves prison
17:3024.04.24
-
Irakli Kobakhidze to participate in the Conservative Political Action Conference in Hungary
17:0024.04.24
-
16:1724.04.24
-
15:3024.04.24
-
Youth social entrepreneurship support project kicks off
14:5024.04.24
-
14:0024.04.24
-
Tbilisi Mayor deems new stadium construction as a mega project
13:2024.04.24
-
12:2424.04.24
-
Rustavi City Council Chairman dismissed
11:3024.04.24
-
10:2224.04.24
-
9:0024.04.24
-
Tusheti Protected Landscape in Georgia’s north-east to expand by 2,245 hectares
18:0023.04.24
-
17:2823.04.24
-
16:5623.04.24
-
16:2023.04.24
-
15:4423.04.24
-
15:0623.04.24
-
Georgian PM, UN representatives review cooperation
14:3523.04.24
-
14:0023.04.24
-
Four people were arrested for making and issuing fake driving licenses
13:2023.04.24