“We believe we will exceed even the revised 5.5% economic growth figure put forward by the European Commission,” declared Georgian Prime Minister Irakli Kobakhidze at a briefing held at the Government Administration, in response to a question about the European Commission’s newly published economic forecast report.

Kobakhidze noted that this figure would help sustain the pace of economic growth.

“The first-quarter data prompted the upward revision of the forecast. We expect to exceed the European Commission’s revised 5.5% projection. This positive outlook is the result of sound economic policy.

Today, we also held an important event, the launch of our active cooperation with Tether, a high-technology company with assets of approximately 200 billion dollars. This once again confirms that investors have great confidence in our economic policy and in our government. All of this will further contribute to sustaining and indeed accelerating our rate of economic growth. We have the right economic policy, an appropriate tax system, and a very effective team within the government.

Concrete steps have been taken over the past year to eradicate corruption, particularly at the highest levels. All of this is directly reflected in economic trends. Last year, we closed with 7.5% growth; in the first quarter, we recorded 9.1% economic growth, meaning that even relative to last year’s already high growth figure, the rate has increased further. One of the principal factors is the eradication of corruption and the revision of policy in specific areas. We will not, of course, let up, and this work will continue going forward,” the Prime Minister declared.

The European Commission has published its updated Spring 2026 economic forecast report. According to the report, a slight moderation in Georgia’s GDP growth rate is expected; however, the figure is projected to remain steadily within the 5 to 5.5 per cent range.