Georgia Announces Results of Cabinet Meeting
OREANDA-NEWS. July 31, 2008. At the beginning of the cabinet meeting the Prime Minister of Georgia Vladimer Gurgenidze briefed the participants that review of the 50 months program is on the agenda of the day and the process will last for over a week. Meanwhile, members of the cabinet are required to present their own comments and ideas which will be discussed and summarized so that by the middle of August the finalized variant of the program will be presented before the president of the country.
The prime minister of Georgia also informed the audience that together with the representatives of the Ministry of Finance of Georgia he was on a visit to London, Boston and New-York, where they held meetings with important investors. He added that they met with the representatives of approximately 27 large-scale investment foundations. It is worth noticing that they are following the everyday events in Georgia with great interest. They also appreciate greatly the results of our economic activities in the first quarter of the current year, especially the 9.3% growth which we managed to achieve. High appreciation was given to the fact that unlike our neighboring countries, we have succeeded in entering changes in inflation rate and now, the inflation indicator is the lowest in the region. The same way positive assessment was given to the fact that despite extremely intense political season that Georgia had experienced, liberal reforms in our country are still in continuous development in the first half of the year.
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