PM says there is nothing alarming in the depreciation of GEL We have all
reasons for optimism, Prime Minister Giorgi Kvirikashvili said when
commenting on the GEL exchange rate.
According to him, there is nothing alarming in the depreciation of GEL.
“It is just a correction of GEL in accordance with the devaluation that has taken place in our neighboring countries in the recent days. There is nothing alarming in it. We have all reasons for optimism. Georgia will have quite good economic growth this year and we cannot see anything negative in the long run”, said the PM.
According to him, there is nothing alarming in the depreciation of GEL.
“It is just a correction of GEL in accordance with the devaluation that has taken place in our neighboring countries in the recent days. There is nothing alarming in it. We have all reasons for optimism. Georgia will have quite good economic growth this year and we cannot see anything negative in the long run”, said the PM.
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