PM sees price reduction possible, promises to act with social responsibility to the end

“Based on the meetings held so far, we believe there is potential to reduce prices. The work on this will continue,” Georgian Prime Minister Irakli Kobakhidze told journalists.

He stressed that the entire process is expected to be completed by the end of April, though there is hope to see results sooner.

“We’re not waiting until the end of April, and we hope to see progress before then. Naturally, this is a complex issue. Today, we had meetings with fuel importers and representatives of gas stations. Although prices here are significantly lower than those in Europe, we still believe there is room for further reduction. The process will continue.

Even more significant are food prices and the potential to lower them. Based on the meetings held so far, we believe there is scope for price cuts, and our efforts will continue. The Parliament will be involved through its commission, and the government remains committed to this process. We have a social responsibility to society, and we will act in accordance with this responsibility to the very end,” said Irakli Kobakhidze.