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Georgia joins first three leading countries in terms of economic growth

Business Materials 23 December 2011 19:47 (UTC +04:00)
Georgian Economy Minister estimates the activity of her ministry in 2011 as successful, Vera Kobalia said at the press conference today.
Georgia joins first three leading countries in terms of economic growth

Georgia, Tbilisi, Dec. 23 / Trend N. Kirtskhalia /

Georgian Economy Minister estimates the activity of her ministry in 2011 as successful, Vera Kobalia said at the press conference today.

She said that the Economy Ministry implemented many successful projects in 2011. These projects include the reforms in the area of privatization, investment, tourism, transport and communications. As a result, Georgia joined the first three leading countries in terms of the economic growth forecast in 2011.

However, the international agencies increased credit rating of Georgia and Kazakhstan.

"This will directly impact on reducing the unemployment," she said. "The most important thing is that the industry, financial sector and construction sector increased."
Kobalia raised the plans for 2012.

She said that the ministry plans to implement major projects. "It is important to continue working to develop transport, civil aviation to ensure a great flow of tourists and businessmen.

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