Georgian Prime Minister: Georgia offers stable, predictable, competitive environment for investment
Irakli Kobakhidze
Photo: Government of Georgia
While addressing the International Capital Markets Conference, Georgian prime minister Irakli Kobakhidze on Tuesday said his government was offering a stable, predictable and competitive environment for investment and business expansion, with the stability of the financial sector and the strength of the national currency serving as key indicators of this progress.
In his remarks, Kobakhidze noted that data from the International Monetary Fund suggested that “Georgia is expected to achieve the highest average economic growth among regional and European countries over the next five years, with an annual rate of 5.1%”.
The head of government also highlighted that, based on the World Bank’s 2025 business readiness ranking, Georgia is among the top four countries globally in terms of business environment, alongside South Korea, Singapore, and Estonia.
“We rank among the world’s top ten in several key business indicators and hold second place globally in operational efficiency and dispute resolution. Furthermore, the Chandler Institute of Governance highlights Georgia’s strong institutional framework, placing our country among global leaders in attracting investment. Taken together, these factors clearly convey one message - Georgia offers the world a stable, predictable and competitive environment for investment and business expansion”, the PM said.
“A key indicator of this progress is the stability of our financial sector and the strength of the national currency. A decade ago, the majority of bank deposits held by the population were denominated in foreign currency. Today, as a result of our consistent policies and growing public trust, this share has significantly declined, with confidence in the lari reaching a historic high, ensuring stability and serving as an important factor for international investors”, Kobakhidze continued.
He concluded by emphasising that this confidence was clearly demonstrated at the beginning of this year during the issuance of Eurobonds.
“Despite global economic volatility, demand from international investors for Georgian securities exceeded supply by five and a half times. This is a strong signal of confidence in Georgia’s future economic prospects”, the PM concluded.
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