Georgian PM says his government aims to safeguard tourism as a vital sector of economy
“We must be prudent in every respect. Our goal is to safeguard our tourism to the utmost,” stated Prime Minister of Georgia Irakli Kobakhidze during a press briefing at the Government Administration.
According to the head of government, tourism represents one of the key sectors of Georgia’s economy.
“We were already facing difficulties in the tourism sector when the conflict in the Middle East broke out. Naturally, arrivals from the Middle East, Arab nations, and Israel declined, and now they want to manufacture a problem regarding Russia and Russian tourists, which will not work. We must remain vigilant; if we do not act, they might achieve success. Substantial resources have been mobilised: handlers abroad and foreign agents at home, alongside their political parties, party activists, and party-aligned media; everyone is involved in stoking this Russophobic campaign.
However, if we stand firm just as we did back in 2022, when they demanded we open a second front, impose sanctions, and dispatch volunteer fighters, and when they mounted Russophobic campaigns, yet achieved nothing because the public rose to the occasion, then now, too, if we as a society all rise to the occasion together, these campaigns will yield no results,” stated the Prime Minister.
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Georgia among countries which meet Fiscal Transparency requirements - U.S. Department of State report
14.08.2026.20:03
The U.S. Department of State published the 2026 Fiscal Transparency Report, according to which Georgia is among 139 countries which meet minimum fiscal transparency requirements.
The report assesses the government’s efforts to publicly disclose key budget documents, the public availability of natural resource extraction contracts, and public availability of public procurement contracts, etc.
Fiscal transparency is a critical element of effective public financial management, helps build market confidence, and underpins economic sustainability.
It fosters greater government accountability by providing a window into government budgets, helping citizens hold their leadership accountable and facilitating better public debate.