Georgian economy to grows 5% in 2020 - government

Georgian economy to grows 5% in 2020 - government

The Georgian government set a forecast for economic growth of 5% according to the draft state budget for 2020, the website of the Georgian government reported.

Next year, according to the forecasts of the Georgian government, the country's external debt will increase by 1.855 billion lari and domestic debt will increase by 900 million lari. 

In general, by the end of 2020, public debt will reach 45% of GDP. By the end of 2020, public debt will amount to 22.681 billion lari, of which 17.711 billion lari - external debt and 4.970 billion lari – domestic debt.

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