BAKU, Azerbaijan, September 27. Georgia’s
Minister of Economy and Sustainable Development, Mariam
Kvrivishvili, took part in the “Georgia’s Economy Review:
Macroeconomic and Sectoral Outlook” conference organized by the
Business Association of Georgia, Trend reports.
The event, opened by Prime Minister Irakli Kobakhidze, brought
together government officials and business leaders.
In her remarks, Kvrivishvili stressed the importance of dialogue
with the private sector to create a stable and predictable business
environment. She highlighted three key priorities identified
through consultations with businesses: ensuring stability and
predictability, simplifying bureaucratic procedures, and speeding
up decision-making.
The minister pointed to Georgia’s robust economic performance,
noting that the country recorded an average growth rate of 9.6%
last year and 8% this year. International institutions have also
upgraded their outlooks, with the EBRD raising its forecast to 7%
and the IMF to 7.2%.
Kvrivishvili also outlined progress on major infrastructure
projects, including the Anaklia deep-sea port, and reaffirmed
government support for investors. She announced upcoming reforms in
the energy sector aimed at strengthening the country’s capacity for
large-scale projects.
Tourism and aviation were also highlighted as key growth
drivers. Georgia now hosts more than 70 airlines operating 120
direct routes, with strong partnerships secured with carriers such
as British Airways, EasyJet, and Edelweiss. Tourism revenues
reached a record $4.4 billion in 2024, supported by rising average
spending per visitor.
The conference also featured Finance Minister Lasha
Khutsishvili, National Bank President Natia Turnava, and
representatives of TBC Bank and Bank of Georgia, who discussed the
macroeconomic outlook and challenges ahead.
