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Businessmen Expect Economic Situation to Stabilize by the Summer

The Georgian lari’s  shock devaluation has been quite problematic for business. The lari’s  floating  rate  is a  factor hindering business activities, as it is difficult to forecast precisely, so business refrains both from investing and  taking real actions. George Chirakadze,  President of the Business Association of Georgia, told journalists.

“It is very important to stabilize the exchange rate, in some ways a bit of stabilization takes place, although this is not the rate that suits each of us, we really want the rate to lower, but nevertheless, its  stabilization is  very important for  the economy and a stable work, “- says Chirakadze.

Chirakadze notes that the businessmen want to see  that the National Bank will do everything to maintain stability in the country.