Gov’t forecasts growth in 2014 at 5 %

12:33 13.01.2014
Georgia

Deputy Head of the Parliamentary Committee on Sector Economy Paata Kvizhinadze states "Commersant" that based on the real situation and the tendencies of development, economic growth in 2014 may exceed 5%.

"There are reasons for this - for example, to take at least a fact that in December 2013 , economic growth was 8%. This gives hope that within a year the growth will also be high", - he says.

At the same time, according to the MP from the oppositional National Movement Giorgi Vashadze, based on the results of 2013, economic growth in 2014 will not exceed 3-4%.

"The government has no specific program to improve the business climate , it does not intend to reduce taxes and to introduce decriminalization of economic crimes. So there is no reason to expect economic growth of 5% or more", – says the opposition lawmaker.

According to the expert Ramaz Gerliani, in 2014 the possibility of economic growth of 5% depends on the government's economic policy.

"The property should be privatized, since it will help to attract investment, and the growth rate of the economy is largely dependent on the inflow of investment", - the expert notes.

Adapted from COMMERSANT

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