Economy
Posted: 1 year ago

Prime Minister: Foreign Direct Investments increased and Amounted to $922 Million

According to the Head of Government of Georgia, the country had an increase in foreign direct investments (FDI) and twice as much was injected into the country in the first 6 months of 2022 in contrast with the previous year, thus amounting 922 MLN USD, which is a significant reason of optimism.

''We hope to complete this year with a double-digit economic growth indicator, which is very important for us. That was exactly what enabled us to increase the state budget for the following year,'' announced Irakli Garibashvili, Prime Minister of Georgia at the Investors Council Meeting held on Wednesday.

Apart from the agenda items discussed at the meeting of the Investors Council, the Prime Minister shared information with members on the political and economic situation observed in the country. Also, the Prime Minister of Georgia presented a government vision of the new projects, initiatives, and priorities planned for the following year.