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Fuel prices in Georgia soon to be adjusted - PM

Georgia Materials 11 April 2022 13:57 (UTC +04:00)
Fuel prices in Georgia soon to be adjusted - PM
Maryana Akhmedova
Maryana Akhmedova
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BAKU, Azerbaijan, April 11. The issue with fuel prices in Georgia will level off soon, as the national currency exchange rate against the dollar has stabilized, Prime Minister of Georgia Irakli Garibashvili said at the government meeting, Trend reports via Georgian media.

According to the PM, the Georgian lari exchange rate against the dollar has dropped from 3.05 to almost 3 lari/1$.

Regarding Georgia’s economic growth Garibashvili noted that the country observes positive tendencies in such key sectors as tourism and trade turnover, and the overall expectation of the GDP growth is quite optimistic.

Earlier Minister of Economy and Sustainable Development, Levan Davitashvili said that the peak of increased fuel prices in Georgia has passed, and much cheaper fuel will flow into the country very soon.

“The newly signed contracts will ensure cheaper fuel inflow in the country very soon,” Davitashvili said.

According to the minister, the government is in constant talks with local fuel importers on making sure that no one would take advantage of the situation.

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