Georgian finance ministry forecasts six percent economic growth in 2013

Photo: Georgian finance ministry forecasts six percent economic growth in 2013 / Economy news

Georgia, Tbilisi, Feb. 6 / Trend N. Kirtzkhalia /

Georgian Finance Minister Nodar Khaduri forecasts six percent economic growth in 2013. Khaduri said at a briefing today that low inflation and debt reduction are expected to occur.

"The economic growth will hit 6 percent in 2013," he said. "Inflation is expected to hit 3.5 percent. These figures are based on the calculations, made by the International Monetary Fund. It should be stressed that six percent growth is the minimum on which we will work this year. However, in the future, the economic indices will be higher due to increased investments."

Regarding the external debts, finance minister said that Georgia intends to pay two debts in 2013.

According to the Georgian Statistics Agency, Georgia's economic growth decreased in late 2012 and hit only 2.1 percent in December.

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