PM on GEL Exchange Rate

The Prime Minister of Georgia Mamuka Bakhtadze commented on the current GEL exchange rate earlier today, expressing positive expectations about the case for the near future.

“The economic analysis has demonstrated that all the leading factors are positive, the export rate is high and there is a good dynamics observed in terms of decreasing the trade deficits. Therefore, it its natural that there is optimism in the GEL exchange rate,” stated Bakhtadze, noting that the GEL exchange rate is expected to be stabilized, followed by the removal of the negative background.

The Prime Minister strongly focused on the commitment of the country’s government to maintain the growing trend in the economic sphere.

By Ketevan Kvaratskheliya