Economy Minister: Georgia has healthy macroeconomic indicators; NBG plays significant role

15:15, 17.10.2024

“The country has absolutely healthy macroeconomic indicators, including external debt, budget deficit, inflation, economic growth, and others,” stated First Vice Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.

“I’ll tell you very simply – we’ve had very stable economic progress and development recently. We can discuss this with any expert. We have significant economic growth, and at the same time, we have very low inflation. This is the biggest achievement, and only a few countries can talk about such results.

We have all other macroeconomic indicators absolutely healthy, meaning the country’s macroeconomic parameters are very stable and sound. This applies to the country’s external debt, budget deficit, inflation, economic growth, and so on. In this process, along with the government’s economic team, the National Bank plays a significant role. I think this is an objective indicator, including the work of the National Bank’s leadership,” Levan Davitashvili stated.

By - Svetlana Alimova

Economics

Economy Minister Levan Davitashvili

NBG