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De-dollarization is the Only Way to Increase Confidence in the National Currency, Says PM

De-dollarization is the Only Way to Increase Confidence in the National Currency, Says PM

I agree with Koba Gventadze’s statement that de-dollarization is the only way to increase confidence in the Georgian lari, – Prime Minister Giorgi Kvirikashvili said while commenting on NBG President Koba Gventadze’s statement according to which, people should get used to living without the dollar. 

“I absolutely agree with Koba Gventadze’s statement, de-dollarization is the only way for us. Confidence in the national currency should be increased and for this purpose complex steps should be taken”, he said.

According to him, pension reform will promote accumulation of long-term resources of the national currency.

National Bank President Koba Gvenetadze talked about the national currency in an interview with the “Rezonansi” newspaper.

“People need to get used to living without the dollar; the national currency should be the priority for Georgians”, he said.