Scientists from Cambridge and University of London will be Involved in Creating a Post-crisis Plan for Georgia

The Georgian government is working on a strategy for the post-crisis economic plan of the Coronavirus. The document is expected to be released in about two months.

Georgian Prime Minister held an economic policy videoconference with Cambridge and London University Professors Ha-Joon Chang, Christopher Cramer, and Jonathan D. Jones. The Head of Government and the world-acclaimed economists discussed ways to overcome Georgia's major economic challenges like the current account deficit, the national debt's volume, and others.

The meeting emphasized that one of the Government's priorities is to ensure that post-crisis economic growth applies to each citizen. The consultative group, with support from donor organizations, has been selected based on its members' years-long experience with emerging economies and their high professionalism.

"Post-crisis economic strategy is history, another plan, so it needs different work. This is a short-term, medium-term, and long-term strategy for the economic development of the country. Along with our local experts, the best scientists from Cambridge and the University of London, as well as analysts from the New York office in Deloitte will be involved in the plan.''

To develop a long-term strategy fitting in the new global economic setting, the group have already held meetings with representatives of both governmental institutions and the private sector.

Consisting of top-level experts, the consultative group seeks to assist the country in bouncing back after the crisis and recovering its economy.