Georgia’s Finance Minister Nodar Khaduri says that the country’s economy grew 8.2% that is the Georgian Dream’s merit.
The Minister notes that after the 2012 parliamentary elections, prices reduced for various products, including sugar, meat and gasoline.
“During the National Movement 1 kg of meat cost GEL 17 now GEL 10-12, 1 kg of sugar cost GEL 2.50, now – GEL 1.35, petrol price reduced by GEL 0.40”, – said the Finance Minister in his newspaper interview.
Companies engaged in this business do not agree with the Finance Minister.
Alkhan Alizadeh, Agara Sugar managing director, states “Commersant” that the price of sugar depends on the situation on world markets, so it does not matter who is in power. According to him, the highest price of sugar was recorded in 2013, when one ton of the product cost $ 1 000.
Vano Mtvralashvili, Chairman of the Oil Importers’ Union, also says that Georgia’s oil price is dependent on international prices. A drop in international prices r will have an impact on Georgian prices in about 2 months, when importers’ stocks run out and fuel is purchased at new, discounted prices.
Nika Peradze , a representative of the meat importing company Kant explains to “Commersant” that the price of meat is set by the manufacturers, while manufacturers change prices depending on elasticity of supply and demand.