Georgian government lowers forecast for economic growth for 2015

Georgian government has lowered the forecast for the country’s economic growth for 2015, Georgian Finance Minister Nodar Khaduri said at a government meeting on Feb.5.

He said Georgia’s economic growth will be equal to 4 percent in 2015, while earlier the Georgian Finance Ministry forecasted the growth to be at 5 percent.

Moreover, the World Bank previously lowered the forecast for Georgia’s economic growth to 3.5 percent.

It should be noted that Georgia’s economic growth stood at 4.7 percent in 2014.

/By Trend/