S&P Global Ratings dub Georgia's economy as solid, Economy Minister says

14:10, 31.08.2021

Georgia’s sovereign credit rating remains unchanged accord to Standard & Poor’s (S&P) Global Ratings, Economy Minister Natia Turnava stated on Tuesday.

“This rating once again proves that despite pandemic, when global tourism recovery forecasts are at odds and some challenges still remain unsolved, international resting agencies dub our economy and its perspective as quite solid,” the Minister underscored.

S&P projects 7,5% economic growth in 2021, Turnava said, claiming that Georgia can achieve double-digit economic growth by the end of the year.

S&P Global Ratings is the world’s leading provider of independent credit ratings.

By - Marika Kartozia

Economics

Economy Minister

Georgia's economy

S&P Global Ratings