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Georgian government raises economic outlook for 2011

Business Materials 24 December 2010 17:15 (UTC +04:00)

Georgia, Tbilisi, Dec.24 / Trend N. Kirtskhalia /

Georgian government has increased the economic growth forecast for 2011. In 2011 the economic growth will hit 7 percent, the Georgian government said.

Members of the government stated that next year the economy will grow by 4.5 percent.

By late 2010 the authorities expect the economic growth at more than 6 percent.

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