Minister of Finance: By the end of 2022, our economy will exceed 65 billion GEL, and GDP per capita will be more than USD 5,500

Against the background of high economic growth in 2021-2022, by the end of 2022, our economy will exceed 65 billion GEL, and GDP per capita will be more than USD 5,500, - said the Minister of Finance, Lasha Khutsishvili, while presenting a revised version of the draft budget for 2022.

As he noted, the planned reforms are a guarantee that the country will be able to fully recover from the economic loss caused by the pandemic and maintain high rates of economic growth.

"In 2022, we expect 6 percent economic growth, and the average economic growth rate for 2022-2025 will be 5.5 percent. As of 2021, 3/4 of the 2020 economic loss has already been restored. In the baseline and optimistic scenarios, we expect the deficit to be almost completely restored", - said Finance Minister Lasha Khutsishvili.