Speaker: Georgia avoided deep economic crisis by rejecting "reckless foreign advice" on sanctions

16:14, 22.10.2024

Parliament Speaker Shalva Papuashvili has shared a banner on social media highlighting the growth in budget revenues.

In his post, Papuashvili states that had Georgia implemented sanctions, the country would be facing a deep economic crisis instead of experiencing budget revenue growth and economic development.

“We must remember that if we had followed the reckless advice of certain foreign politicians and diplomats to impose sanctions, none of these achievements would exist today.

We wouldn’t have seen the increase in budget revenues, we wouldn’t be Europe’s fastest-growing economy, we wouldn’t have managed to cut unemployment in half, and we wouldn’t have tripled the average salary.

Instead, we would have had a satisfied opposition but would be mired in a deep economic crisis that would have taken years to recover from,” writes Shalva Papuashvili.

By - Svetlana Alimova

Politics

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