In the last quarter of 2010 the Georgian balance of payments deficit amounted to $374.7 million. The National Bank of Georgia reports that this is 58.3% more than in the same quarter of 2010 and 11.5% more than in the same period in 2009, Georgia Online reports.
Compared to the third quarter of 2010 exports of goods grew by $163.9 million and imports by $266.4 million. However, the credit rating of Georgia further increased. This was announced today by Prime Minister Nika Gilauri.
"The growth in our credit rating is particularly important in a situation where it decreased in 5 European countries. This will attract many investors to Georgia and create new jobs," the prime minister said.
