Fuel prices in Georgia are expected to continue to fall in the face of global market costs, Georgian Deputy Finance Minister Giorgi Kakauridze stated.
According to Kakauridze, Georgia is not a fuel-producing country, and by tracking the dynamics that suggest a decline of over 25% globally, fuel costs in Georgia tend to fall.
“There is no anticipation that global prices will rise again. As a result, Georgian customers will not have to brace themselves for an increase. The downward trend will continue,” he stated.