Government of Georgia – Government Meetings 2011 Year

Meeting of the Government as of December 17, 2011

Meeting of the Government as of December 17, 2011On December 17, 2011 was held the meeting of the Georgian Government. The agenda included 17 items.

Before the meeting started, the Prime Minister of Georgia, Nika Gilauri, talked about data of 11 months economic activities. We present the Prime Minister's speech:

"Good day. We are moving to more intensive working regime, at the end of the year. We will hold government meetings twice a week, in order to discuss 2012 plans and aims of all ministries, what problems they had in 2011 and what achievements we had in 2011; to summarize the year 2011 and set very specific plans and priorities for 2012. We will hold the next government meeting in Kutaisi, in a new house of government and I would like to invite all of you there. We have 11 month results of economic activities on hand. First of all, I would like to emphasize the figure of Gross Domestic Product growth. According to 11 months data, this figure amounts to 6.5%, which are one of the highest figures in our Region. I would like to remind you that at the beginning of the year, the prognosis was on 5.5%, this prognosis was agreed by absolutely all international experts and the International Monetary Fund. In September-October, we guessed that the growth would be higher and we have risen the official figure to 6%. Today, the budget does not include index of 2011 economic growth, 6%. Although, it is higher and 11 month figure amounts to 6.5%. We can say that Georgia will end the year 2011 with 6.5% growth (+/- 0.1%), which will be one of the highest figures in the Region. This is particularly important this year, when this is not quite a simple year for the world economy. Europe, the South Europe and particularly the East Europe are having problems, there is no such growth as it was predicted in America, and China is having the same problems. Respectively, 6.5% growth is quite a high index. We have foreign trade data as well. Export has achieved a record high index during the last 11 months. During 11 months, production export amounting up to USD 2 billion was implemented, which is 40% higher than that implemented during 11 month of the last year. Import has been increased by about 38-39%."

 Prime Minister's Press Service