Economic Council holds meeting in gov't administration
Economic Council holds meeting in gov't administration

Georgian Prime Minister-led Economic Council was held in the government administration on Wednesday.

According to the government’s press office, the council members reviewed the nation’s positive economic trends.

It was highlighted that foreign investments in the nation are at an all-time high, with the volume of direct foreign investments in the second quarter of 2023 reaching $ 505.7 million, which is 29.9 percent greater than the adjusted statistics for the second quarter of 2022.

The Council members also assessed transport and logistics initiatives, as well as the Georgian Railway renovation project. The cargo capacity will be increased after the modernisation, which is scheduled to be finished in 2024, reads the statement.