Georgian president: Country expects increase in economic growth
Georgia, Tbilisi, Oct. 27 / Trend N.Kirtzkhalia /
Georgia expects a 6-percent economic growth in 2010, Georgian President Mikheil Saakashvili said, Bloomberg TV broadcasted from Morocco.
Saakashvili participates in the international economic forum in Morocco, which brings together more than 1,000 businessmen from 62 countries. Saakashvili arrived in Morocco from Switzerland, where he took part in the Francophone summit.
"In 2011, the country's economic growth will be eight percent, and this is forecasted by the International Monetary Fund," Saakashvili said. However, he noted that Georgia's economic growth will again "be two-digit " after two years.
Saakashvili noted that the economic growth will be "predetermined by external investment, which has increased dramatically over the past two quarters".
"This is a good trend and we continue to work on this direction," he said.
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