The Prime Minister of Georgia, Irakli Garibashvili, has spoken about the completion of the depreciation of the lari and its transition to stabilization.
"The lari exchange rate has reached its peak, at this stage we have already passed the crisis period. Taking into account all the forecasts and analyses, the situation will be resolved and stabilized," RIA Novosti cited him as saying.
"The Ministry of Finance and the National Bank will monitor the situation as much as possible. The main thing is to keep calm and ignore provocations," Garibashvili said.
The Georgian Minister of Finance, Nodar Khaduri, is even more optimistic about the strengthening of the lari. "As of today, it should be noted that neither the budget operations nor the refinancing loans issued by the National Bank have had a negative impact on the lari," he said.
