This year’s economic growth is caused by a very low growth rate of the last year… Growth of GDP has been so marginal in the last years that it does not affect on reduction of poverty in the country

In 2013, the number of employed people was 1,712,200 whilst today that number is 1,780,000. A very big part of these people got employment in the public sector

In 2015, when finance sector supervision functions were separated from the National Bank of Georgia, the amount of investments has dropped

We are one of the world’s leading countries in terms of less business regulations

For the European Bank of Reconstruction and Development, 2016 was a record year in terms of volume of investments in Georgia

The 2017 state budget fully reflects the priorities which we had during the pre-election period

By not achieving 3% economic growth rate, we lost GEL 300 million

The only way Georgia can ensure its long-term security is to become a NATO member

What 2016 was like for the Georgian Economy – summary of the year

“The government announced they will spend GEL 8 billion in infrastructure for the next four years which is unbelievable since they were spending GEL 200-300 million in the past years.”

Parliamentary Minority MP, Sergi Kapanadze, stated on air on Rustavi 2:

More than 6,350,000 international travelers visited Georgia in 2016, whilst the tourism income exceeded USD two billion

After the global recession, this year was distinguished by lowest economic growth rates in all countries

What does the Gazprom deal mean?

The amended budget envisages a decrease in administrative spending by 10%

With such an economic growth rate, our country will not manage to catch up to the poorest member state of the European Union in 100 years