Subsistence Minimum in Georgia Increased by 13.2% in the Last One Year

The subsistence minimum; that is, the expenses recognised as necessary for a person, increased by 13.2% in the last one year and by 35.2% in the two-year period

“If GeoStat calculates how many people in fact have at least an average salary, the result will be completely catastrophic because we live in a country where the salary of 130,000 people is lower than the subsistence minimum measured by GeoStat.”

Verdict: FactCheck concludes that Irakli Petriashvili’s statement is MOSTLY FALSE

USD 2.1 billion was invested in Georgia in 2007 which constituted 20% of the GDP. This has never again occurred in Georgia. Under this government, the maximum figure was USD 1.7 billion which constituted around 10% of the GDP

Verdict: FactCheck concludes that Roman Gotsiridze’s statement is HALF TRUE.

Prices on essential consumption goods have increased