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Foreign investments to Georgia reach $1 billion in 2011

Business Materials 21 February 2012 15:42 (UTC +04:00)
Direct foreign investments to Georgia have amounted to more than $1 billion in 2011, Prime Minister Nika Gilauri said at a governmental meeting.
Foreign investments to Georgia reach $1 billion in 2011

Georgia, Tbilisi, Feb 21/ Trend N. Kirtzkhalia/

Direct foreign investments to Georgia have amounted to more than $1 billion in 2011, Prime Minister Nika Gilauri said at a governmental meeting.

The final data processing is continuing, and although this number is officially $950 million, it will amount to $1.1 billion, he said.

Economic growth has amounted to 5 percent in January 2012.

"This is a good indicator of economic growth. Taking into account global decreases and the situation in neighboring countries, it is quite a good result," he added.

The government forecasts a 6.5 percent growth in 2012.

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