Natia Turnava on GEL Course - There is nothing that the government cannot take care of
There is nothing that the government cannot take care of, ”said Natia Turnava, the Minister of Economy and Sustainable Development, to reporters on the Lari course. As Turnava stated, the tendency to strengthen the GEL has started and this trend will be increasing.
“The fundamental parameters are really healthy. Economic growth statistics have just been published and are up 5.8% in August. There is a 5% increase in 8 months, indicating that the fundamental problems of our economy really did not need it, and on the contrary, this economy allows the GEL to be solid and the budget to be socially oriented to bring roads, gas, water and these benefits to the population. .
Second is the rather active position of the National Bank. We are in good coordination with the economic profile agencies, of course, given that it is an independent institution. They have all the leverage to make some adjustments when needed, and this has only recently appeared. I would like to share the optimism of my colleagues regarding the GEL course. The lari rate, of course, is a challenge from time to time especially for the populations who depend on more dollars, but their numbers are slowly diminishing with the process of decolonization. Nothing happens that the government cannot take care of. Therefore, I want to assure you that the tendency to stick has begun. This trend will be growing and extending, ”Turnava said.
Source -> https://www.interpressnews.ge