Minister: Unemployment decreases in Georgia

Photo: Minister: Unemployment decreases in Georgia
 / Georgia

Tbilisi, Georgia, Jan. 13

By Nana Kirtzkhalia - Trend:

The unemployment level is decreasing in Georgia, Finance Minister Nodar Khaduri told journalists on Jan. 13.

"Despite the slowdown in economic growth in 2013, about 30,000 new jobs were created in the business sector with the beginning of the year, including in the third quarter, that is, the unemployment rate decreased," the minister said.

He stressed that "all the talk about the growth of unemployment in Georgia are irresponsible".

"The International Monetary Fund had a similar outlook, but later it was changed because they decided that the methodology was not perfect for this kind of forecast," Khaduri said commenting on forecasts of Economic Policy Research Center of Georgia, which said the unemployment rate in Georgia stands at 17 percent.

Translated by E.A.

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