HomeBussinesEconomyTegeta For Business
TourismFinanceHealthcareSport
TechWorldPoliticsEducation
StartupsWEEKENDBusiness AdvisorSociety
CybersecurityOpinionFinancePodcasts
Georgia Economic ForumBusiness Insider Georgia X BusinessBusiness Insider Georgia X TVInsder Podcast
BIG FootballAll VideosOther News
ბიზნეს მედია - Bank of Georgia
flag
AMD 7248.6
-0.0068
flag
AZN 1.5702
-0.0009
flag
CNY 39.444
0.0054
flag
EUR 3.1079
0.0076
flag
GBP 3.5803
0.0041
flag
KZT 54.79
-0.0038
flag
TRY 0.0582
0
flag
USD 2.6693
-0.0015
news banner

Government's sound economic policy, fiscal discipline, and prudent monetary policy drive strong economic growth - Deputy Economy Minister

news image
mbc image

“Economic growth in April stood at 6.2%, whilst the average growth figure for January to April reached 8.3%. The Georgian Government continues to work towards sustaining the high economic growth trend,” stated Vakhtang Tsintsadze, Deputy Minister of Economy and Sustainable Development, in his assessment of the economic growth figures for April and the first four months of the current year.

According to the Deputy Minister, economic growth in April 2026 is notably diversified, with significant positive contributions from the manufacturing industry, information and communications, transport and storage, education, healthcare, trade, and the financial and insurance sectors.

Vakhtang Tsintsadze also highlighted that this growth is fueled by positive trends in foreign trade, with record-breaking export figures. Exports have increased by 21.1% to USD 2,439.9 million, while domestic exports have surged by 73.5%, amounting to USD 1,551.0 million.

“The Georgian Government continues its work to sustain the existing high economic growth trend, which is the most natural path to job creation. Several state programmes are actively operating in this direction; noteworthy among them are programmes aimed at enhancing the competitiveness of small and medium-sized enterprises, which are currently being refined and given renewed substance,” said the Deputy Minister of Economy.

In summarising the current economic data, Vakhtang Tsintsadze also emphasised that Georgia holds a competitive advantage over other countries in the region; among other things, Georgia has free trade agreements with both the European Union and China. He further noted that Georgia remains attractive to both international and domestic investors.

“All of the above is underpinned by the Georgian Government’s sound economic policy, fiscal discipline, prudent monetary policy, and the overall health of the financial sector, qualities that numerous international financial institutions and rating agencies consistently highlight in their assessments. Accordingly, we expect that the high economic growth trends recorded in the Georgian economy over the past five years will continue both in 2026 and in the years ahead, and that Georgia will stand out not only at the regional level but on a global scale in terms of economic growth,” said Vakhtang Tsintsadze.

news banner
ნინო ჭანტურია Author

Other News

Economy
image Georgia's first syndicated treasury bond issuance was a notable step in the development of the local debt market - Andrew Jewell

29.05.2026.22:29

In an exclusive interview with Business Insider Georgia, Andrew Jewell, the International Monetary Fund’s Resident Representative in Georgia, assessed the Ministry of Finance’s debut GEL 400 million treasury securities issuance carried out through syndication.

,,Georgia's first syndicated treasury bond issuance was a notable step in the development of the local debt market. One of the objectives of the government's debt management strategy is to diversify the investor base. By using syndication, the Ministry of Finance was able to target a more diverse set of investors than would participate in an ordinary treasury auction. The fact that the issuance was 4.5 times oversubscribed, with significant interest from non-residents, suggests that many different types of investors see value in purchasing Georgian government debt. A more diversified investor base should help improve secondary market liquidity, which is currently limited by domestic banks' buy-and-hold strategies”, - Andrew Jewell, Resident Representative of the International Monetary Fund to Georgia.

Georgian Economic Forum

Powered by Business Insider Georgia

Read more
economic forum

Subscribe