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Kakha Kiknavelidze: Bank of Georgia Has a Great Development Plan

Bank of Georgia Expects 5.5% Upturn in 2018

In January 2018 GEL exchange rate has considerably strengthened. Bank of Georgia director general Kakha Kiknavelidze told BM.GE that the bank has positive expectations in relation to GEL exchange rate. Based on forecasts by analysts, economic growth in 2018 will be 5.5%.

“Georgia’s macroeconomic situation is absolutely healthy and we expect more economic growth in 2018. If we have the same inflow of tourists in 2018, we believe GEL exchange rate will continue strengthening”, Bank of Georgia director general Kakha Kiknavelidze said.