The meeting of the Government of Georgia was held on March 2, 2010 . The Agenda covered 54 items.
Prior to the Meeting, Prime Minister of Georgia Nika Ghilauri talked about the economic data of January and February, 2010.
Hereinbelow, the opening statement of the Prime Minister is provided:
"February ends. The society is anxious to know certain data and figures related to the economic activity of the last two months. I would like to say that in some sectors assessment requires one month, and therefore, I will give the figures of January only in certain areas:
As per January, the most important is the export figure as we have considerable growth in this sector if compared with January, 2009. Export has been increased by 72%. Such growth does not apply to any particular branch, but to all export productions.
I would also like to state that as of the data of January, we have obtained total shipment figures. Growth in this field is by 10%. It once again approves that the economics is being developed and expanded not only on the country scale but in regions as well.
As per February, we analyzed the real estate market, motor vehicle market and mortgage loan data...Growth on the real estate market is by 11%. Transactions on the real estate market have been increased by 11,7%. As per mortgage loans, there is growth in this field as well. Getting the bank sector more active is also very complementary as it supports the economic growth and makes contribution to the economics. Tax revenues have been considerably increased. Increase of total taxes amounts to 9%. However, one of the main data, which has the strongest correlation with the economics are the VAT revenues. If we compare February, 2009 with January, 2010 in this regard, there is growth by 13%, and if we compare January, 2009 with January, 2010, there is growth by 12%. I hope that March will be as positive as the previous months and we will end the quarter with satisfactory outcomes. It is for sure that any excess of whatsoever nature has come to an end. The fourth quarter of the last year was positive which was expressed in 0,5-1% growth....However, the first quarter of this year will be positive for sure. The circumstance expressly shows that the economic activity has been considerably increased" not only in one direction and in one industrial field, but in different industries in the whole spectrum."
Press Service of the Prime Minister