Georgia's public debt to be reduced to 35-33 percent of GDP

Georgia, Tbilisi, Aug. 18 / Trend N.Kirtzkhalia /

Based on the economic growth in Georgia, the public debt will reduce to 35-33 percent of GDP in 2012, the Finance Minister Dmitry Gvindadze told reporters.

"The public debt to GDP ratio must not exceed 60 percent, as the public debt is one of the main indicators for economic stability. This figure now stands at 43 percent in Georgia", he said