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Georgian Economic Growth Marked 2.3% in First Quarter

According to the early report of Geostat, the national statistics service of Georgia, the state economy increased by 2.3% in in the first quarter of 2016.

As to the month of March, the economic growth rate geared up by 3.4% year on year. In January the economy grew by 0.8%, while the February upturn made up 2.6%.

As reported, according to the newest report by the international monetary fund (IMF), economic growth expectations made up 2.5% in 2016, while the Georgian Authorities expect 3-3.5% upturn.