HomeBussinesEconomyTegeta For Business
TourismFinanceHealthcareSport
TechWorldPoliticsEducation
StartupsWEEKENDBusiness AdvisorSociety
CybersecurityOpinionFinancePodcasts
Georgia Economic ForumBusiness Insider Georgia X BusinessBusiness Insider Georgia X TVInsder Podcast
BIG FootballAll VideosOther News
Business Insider Georgia - Bank of Georgia
flag
AMD 7161
-0.0028
flag
AZN 1.5426
-0.0004
flag
CNY 38.849
-0.0005
flag
EUR 3.0264
0.0004
flag
GBP 3.5296
-0.0019
flag
KZT 56.04
0.0019
flag
TRY 0.0551
0
flag
USD 2.6223
-0.0006
news banner

Georgian PM says maintaining high economic growth rate remains key priority

news image
mbc image

Georgian Prime Minister Irakli Kobakhidze on Wednesday highlighted Georgia’s strong economic performance, noting that the country recorded 8.6% growth in June and a 7.9% average growth rate in the first half of the year, while stressing that sustaining robust economic expansion remains a key priority.

In his remarks, Kobakhidze noted that several sectors made the largest contributions to economic growth, including manufacturing, transport, construction, information technologies, as well as the financial and insurance sectors.

“Alongside maintaining a high pace of economic growth, international financial institutions have increased their initial forecasts, which is also important. These results are, on the one hand, the outcome of successful economic policy and, on the other hand, the result of our efforts to eliminate corruption at the highest levels of government”, Kobakhidze said.

The Prime Minister added that further efforts are needed to combat corruption at lower levels, while stressing thathis government has already introduced a fundamental transformation in the governance system.

“Maintaining a high rate of economic growth is linked not only to successful economic policy but also to the elimination of corruption. I would like to take this opportunity to thank the Minister of Economy and his team. The achievements we have in the economic field are the result of their successful work”, Kobakhidze concluded.

news banner
ანი ლიპარტელიანი Author

Other News

Economy
image Travel time on Tbilisi-Batumi and Batumi-Tbilisi railway lines reduced to 4 hours - Georgian Railway Director General

06.08.2026.22:40

“Travel time on the Tbilisi-Batumi and Batumi-Tbilisi railway lines has been reduced to 4 hours,” said Lasha Abashidze, Director General of Georgian Railway company.

According to Abashidze, this is a significant improvement compared to the previous 5 hours and 30 minutes.

“Recently, we carried out major capital works on the tracks and infrastructure, which enabled us to increase speeds on certain sections. This allowed us to lift speed limits and travel from Tbilisi to Batumi safely in 4 hours,” he said.

Lasha Abashidze further noted that Georgian Railway completed reconstruction works at several train stations; The company’s goal is to fully upgrade not only the stations on the main lines but also the suburban stations.

“The rehabilitation of 5–7 stations is effectively already underway, and we intend to add another 5 stations this year. We also aim to fully complete the station rehabilitation next year,” he said.

Georgian Economic Forum

Powered by Business Insider Georgia

Read more
economic forum

Subscribe