Despite the economic risks posed

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05.2023 6% economic growth, 1% inflation - what are the government's expectations for 2025? Georgia Mariam Titvinidze 01.01.25 21:32 • 12324 by the country's political crisis and growing isolation from the West, the Georgian Dream government has positive expectations. First Deputy Prime Minister and Minister of Economy Levan Davitashvili says that "despite the challenges, Georgia has one of the highest economic growth rates in the wider region, Europe, and among EU candidate countries.


" "Dream" Prime Minister Irakli Kobakhidze states that " one of the priorities will be to further accelerate economic growth." According to the 2025 budget approved by the single-party parliament , government spending germany fax data next year is planned at 27.9 billion GEL. The main macroeconomic parameters are as follows: Economic growth is planned at 6%. It is worth noting that initially a 5.


5% growth rate was included in the budget, but in the end the increased rate was approved. The average inflation forecast is 1%, which is less than the National Bank's target of 3%. The nominal GDP forecast is set at 99.2 billion GEL, while the per capita gross domestic product exceeds 9,700 USD. Economic growth Forecast 2025 Budget Similar news Todradze Geostat What drove the 8.