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PM about Government Plans for Alleviation of GEL Exchange Rate Fluctuation

Objective of Georgian Government is to achieve an efficient integration in global economy and alleviate vulnerability to external factors, Georgian Prime Minister Mamuka Bakhtadze told BM.GE regarding government plans for alleviation of GEL exchange rate volatility and attracting new investors.

The Prime Minister also appraised macroeconomic situation, but has nothing said about plans for attracting new investors. 

“Our key objective is to attain a growth in economy through not only sustainable context and inclusively, but also through reducing vulnerability level of our economy, including based on external factors. As to GEL exchange rate and National Bank activities, I think NBG has showed high professionalism. Our objective is to achieve efficient integration in global economy and alleviate vulnerability to external factors. It is not easy to achieve both goals, but they are compatible with each other”, the Prime Minister said.