President of National Bank of Georgia speaks to Members

President of National Bank of Georgia speaks to Members

19 November, 2010

Giorgi Kadagidze, President of the National Bank of Georgia made a broad presentation of the financial situation in Georgia at November AmCham Luncheon meeting held at Radisson Blu Iveria hotel. According to Mr Kdagidze, Georgian economy is expected to grow by 6.3% in 2010 after a fall of 4% in 2009. The biggest growth potential of productivity is in agricultural sector. Compared to the same potentials in Czech Republic and Poland, in Georgia it is at the level of 4.8% of Czech’s and 15.2% of Poland’s productivity in the same sector.

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