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Georgian government lowers forecast for economic growth for 2015

Business Materials 5 February 2015 12:25 (UTC +04:00)
Georgian government has lowered the forecast for the country’s economic growth for 2015.
Georgian government lowers forecast for economic growth for 2015

Tbilisi, Georgia, Feb.5

By Nana Kirtzkhalia - Trend:

Georgian government has lowered the forecast for the country's economic growth for 2015, Georgian Finance Minister Nodar Khaduri said at a government meeting on Feb.5.

He said Georgia's economic growth will be equal to 4 percent in 2015, while earlier the Georgian Finance Ministry forecasted the growth to be at 5 percent.

Moreover, the World Bank previously lowered the forecast for Georgia's economic growth to 3.5 percent.

It should be noted that Georgia's economic growth stood at 4.7 percent in 2014.

Edited by SI

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