GDP of Georgia increased in April by a record 6.5%

The economy of Georgia grew by 6.5% in April, which is the highest growth rate in recent years, both in the monthly and quarterly sections, Prime Minister Giorgi Kvirikashvili said at a government meeting. According to statistics, Georgia's GDP for the period from January to April grew by 5.5% mainly due to the rise in the private sector. The Georgian Prime Minister noted that the turnover of production in the private sector in the first quarter increased by 18.6% year-on-year to 18 billion lari, which also contributed to the growth of new jobs by 5.3%. Since the beginning of the year, the average monthly salary in the business sector has increased by 8% to 1 thousand 100 lari. The Government of Georgia expects GDP growth by 4.5% in 2018.

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