ECONOMY
26.10.22 15:50
The National Bank predicts 10% economic growth in Georgia in 2022. President of the National Bank Koba Gvenetadze announced the above at the briefing held today.
According to him, economic activity in Georgia is still strong.
"As a result of the Russia-Ukraine war and the accompanying sanctions, migration flows in Georgia have increased significantly, which has stimulated joint demand. The average annual economic growth in the first eight months of this year was 10.3 percent. Accordingly, the economic growth forecast has increased to 10 percent in 2022, and the average annual level of economic activity is likely to exceed its potential level. As a result, the inflationary risks arising from the demand intensified, despite the fact that this is partially balanced by the strengthened GEL exchange rate as a result of foreign inflows," said Gvenetadze.
For information, the economic growth forecast of the National Bank for 2022, which became known today, exceeds the forecast of the Government of Georgia. According to the forecast of the Government of Georgia, 8.5% economic growth is expected in 2022.
source: IPN
Read: 550
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
-
22:1320.05.24
-
18:0020.05.24
-
Gov't approves 2024-2027 action plan of 2021-2027 agriculture development strategy
17:3520.05.24
-
17:0020.05.24
-
Politico: A bill to sanction Georgian politicians will be submitted to Congress
16:1520.05.24
-
15:1920.05.24
-
14:2920.05.24
-
12:5620.05.24
-
Prime Minister: We have all the data to have high economic growth dynamics
12:0520.05.24
-
11:2420.05.24
-
Media: Iran’s President Raisi and Foreign Minister Amir-abdollahian killed in helicopter crash
10:0020.05.24
-
11:4318.05.24
-
18:1017.05.24
-
17:0017.05.24
-
16:0617.05.24
-
15:1517.05.24
-
14:0017.05.24
-
13:1017.05.24
-
China plans to open Chinese car market in Georgia
12:2517.05.24
-
March to be held in Tbilisi and regions in connection with the day of sanctity of the family
10:5017.05.24
-
Shalva Papuashvili: The sanctity of the family is the foundation of our state
10:0017.05.24
-
Georgian PM, Turkish President to discuss issues of strategic interests, FM Darchiashvili says
18:0016.05.24
-
MIA arrests two for property damage in group
17:3816.05.24
-
Georgian PM pays tribute to the grave of Mustafa Kemal Atatürk
17:0016.05.24
-
16:2616.05.24
-
The National Bank sold 60,000,000 USD at the foreign exchange auction
15:4016.05.24
-
Roman Gotsiridze: The exchange rate of the GEL is unmanageable
15:0016.05.24
-
Tbilisi Mayor: Georgian people to decide change of government through democratic elections
14:2116.05.24
-
The Parliament has completed the public review of the draft law prepared against LGBT propaganda
13:4916.05.24
-
Is Georgia between 'Euromaidan' and 'green men'?
13:4516.05.24
-
Irakli Kobakhidze went on an official visit to the Republic of Turkey
13:0016.05.24
-
12:1316.05.24
-
11:3716.05.24
-
10:5516.05.24
-
Charles Michel reports on the telephone conversation with Salome Zurabishvili and Irakli Kobakhidze
10:0016.05.24
-
Opposition MPs meet FMs of Iceland, Latvia, Lithuania, Estonia
18:0015.05.24