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There Are all Circumstances for the Stability of Georgian Currency

There are no dangers for the inflation of Georgian currency, according to the investment banker, Archil Gachechiladze.

The head of G&T’s observational council talked about the improvement of fundamental factors, the growth of tourism, cessation of drop in export and the increase of the import.

According to Archil Gachechiladze, whether we like it or not, Georgian economy is dependent on the region and its order is defined by the big market, such as Turkey and Russia. The improvement of the economy in the region depends on the recovery of Russian economy.

At the same time, global increase is predicted; however it will be less than regional.

As it is known, the prediction for global economic growth by International Monetary Fund is pessimistic 3,1%, which is the result of economic deceleration and the decrease of the demand, as well as unexpected Brexit. Economic forecast for Georgia equals to 3,4 %.