Georgia’s economy shows strong growth with 9% increase in March, 9.3% in first quarter, says PM

Georgian Prime Minister Irakli Kobakhidze on Thursday said the country's economy experienced significant growth in March, reaching 9 percent.

In his remarks, Kobakhidze noted that the overall economic growth for the first quarter of the year was standing at an impressive 9.3 percent.

“Yesterday, the National Statistics Service published data. In March, the economic growth amounted to 9 percent, and the overall indicator for the first quarter is 9.3 percent. Also, in the first quarter, the tax revenue plan was fulfilled [and] exceeded ₾120 million [$43.7 million], which is the result of economic growth”, the PM said.

He further noted that one of the main priorities of his Government was to ensure the economic development of the country.

“I would like to thank our economic team for this. One of our main priorities is to ensure the economic development of the country. We still have a lot to do in this direction. We will continue to work to further accelerate economic growth”, he concluded.