The Georgian Prime Minister, Zurab Nogaideli, appraised 2006 as a successful year. Addressing a Government meeting on 10 January, 2007, the Prime Minister stated that Georgia has made progress.
Nogaideli noted that the economic growth will be maintained in 2007. The major achievement of the Government was the preservation of a single-figure inflation at the end of the year, though in mid-2006 the task was seen to be unachievable amid an inflation rate of 14.5%, he added. The Government could decrease inflation to 9% jointly with the National Bank.
Nogaideli was also satisfied with the economy's growth rate of 10%. The reforms that we carried out were appraised by international financial institutions. We should continue these reforms more intensively and 2007 will be a year of comprehensive reforms intended to ensure the advancement of Georgia amongst reforming countries, he stressed. The economic growth is accompanied by the resolution of a problem of employment. A plan for reforms will be prepared soon, he added.