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Georgia’s rating upgrade promotes investments in economy – PM

Business Materials 25 November 2014 12:49 (UTC +04:00)
Georgian Prime Minister Irakli Garibashvili held a number of meetings with the heads of international rating agencies in London during his visit to Great Britain.
Georgia’s rating upgrade promotes investments in economy – PM

Tbilisi, Georgia, Nov. 25
By Nana Kirtzkhalia - Trend:

Georgian Prime Minister Irakli Garibashvili held a number of meetings with the heads of international rating agencies in London during his visit to Great Britain.

Garibashvili met with the heads of Moody's, Fitch Ratings and Standard & Poor's rating agencies, Georgian Prime Minister's office told Trend Nov. 25.

During the meetings, Garibashvili stressed the improvement of Georgia's rating by the agencies. This creates a solid basis for investments and economic development of the country.

Garibashvili expressed confidence that the Georgian government's new approach to the free business development will be the basis for further economic development of the country.

Garibashvili told them about the rule of law in the country, the freedom of doing business and the government's plans to create additional conditions for the development of entrepreneurship, the heads of the international rating agencies told reporters following the meeting.

Besides the prime minister, Georgia's delegation includes Minister of Economy and Sustainable Development Giorgi Kvirikashvili, secretary of the Economic Council at the prime minister's office Roman Chkhenkeli and deputy chief of the government administration Nino Kobakhidze.

The Georgian delegation's visit to Great Britain will end on November 26.

edited by CN

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