Georgia’s public and private external debt exceeds 15 billion US dollars. 969 million dollars will be spent on services of state obligations.
In the first half of 2016, real GDP growth was 2.9%. The inflation rate is lower than the target level, while the Georgian Lari is continuing to depreciate in value against the US Dollar.
Georgia’s electricity system, the current market situation and challenges in the sector.
The largest share of the budget revenues is of taxes on goods and services. 88 % of the income tax payers are registered in Tbilisi.
In February of 2016 inflow of remittances have increased by 13.3 m USD.
last month, average exchange rate of the Georgian Lari against USD appreciated by 4.2%. Inflation rate dropped below the target level and amounted to 4.1%.
The poorest 20% of population received 5.6% of the total income;
Nearly a third of the average monthly income was allocated in Tbilisi.