Finance Minister Predicts "Investment Enliven" in Georgia this Summer
Minister of Finance of Georgia expects "investment revival" in the country this summer.
As Nodar Khaduri states, investment inflow in Georgia will be much higher in the coming 3-4 years than it is today. According to the minister, co-investment fund will be launched soon which amount will be at least 4-6 billion USD, and this amount, in turn, will provide the attraction of the same funds.
Khaduri notes, as per preliminary data, economic growth in the first 4 months of this year reached 2.5%. In January – March, 2 656,0 million GEL were mobilized as theconsolidated budget tax revenues that is 82 million more than in the same period of 2012.
The new Cabinet expects a 6% economic growth this year.