HomeBussinesEconomyTegeta For Business
TourismFinanceHealthcareSport
TechWorldPoliticsEducation
StartupsWEEKENDBusiness AdvisorSociety
CybersecurityOpinionFinancePodcasts
Georgia Economic ForumBusiness Insider Georgia X BusinessBusiness Insider Georgia X TVInsder Podcast
BIG FootballAll VideosOther News
ბიზნეს მედია - Bank of Georgia
flag
AMD 7223.9
-0.0048
flag
AZN 1.5672
-0.0005
flag
CNY 39.367
0.0033
flag
EUR 3.1012
0.0016
flag
GBP 3.59
0.0081
flag
KZT 54.73
-0.0019
flag
TRY 0.0578
-0.0002
flag
USD 2.6638
-0.0009
news banner

ADB highlights Georgia's favourable business climate and infrastructure ambitions as growth forecast upgraded - Deputy Economy Minister

news image
mbc image

“The Asian Development Bank (ADB) has published its Asian Economic Outlook report, highlighting Georgia’s strong economic growth of 7.5% in 2025. For 2026, against a backdrop of ongoing regional conflicts, the ADB projects growth of 5.5 per cent, an improvement of 0.5 percentage points on the previous forecast,” Vakhtang Tsintsadze, Deputy Minister of Economy and Sustainable Development, has stated.

The Deputy Minister noted that the report draws particular attention to Georgia’s current account deficit, having fallen to a record low, alongside international reserves reaching a record high.

For 2026, the ADB expects average inflation in Georgia to stand at 3.8 per cent, reducing the previous year’s figure.

“The Asian Development Bank also emphasises that Georgia is striving to establish itself as a trade, logistics, and transport hub. In this regard, the report highlights a series of reforms facilitating improvements to customs procedures and related processes. The Bank further underscores Georgia’s infrastructure achievements, both in port development and rail connectivity,” said Vakhtang Tsintsadze.

According to the Deputy Minister, the ADB report singles out Georgia’s attractive business environment for particular praise, drawing attention to the country’s free trade agreements, as well as the mechanisms in place to safeguard investors’ interests, all of which, taken together, serve to strengthen the confidence of both domestic and international investors and enhance Georgia’s appeal as an investment destination.

news banner
ნინო ჭანტურია Author

Other News

Economy
image Georgia’s international reserves reach USD 7.0 billion in May 2026 - NBG

05.06.2026.21:49

As of May 2026, compared to the previous month, Georgia’s total international reserves increased by USD 531.2 million and amounted to USD 7.0 billion, the National Bank of Georgia (NBG) reported.

The NBG stated that international reserves are a key safeguard for the country’s macroeconomic stability and noted that its long-term policy is focused on reserve accumulation and effective reserve asset management.

According to the NBG, favorable conditions on the foreign exchange market allowed the bank to continue replenishing reserves during 2026.

The NBG highlighted that it diversified its reserves and invested in gold, which was a strategic decision of the National Bank. Since then, the price of the gold asset has increased significantly, which additionally increased the total international reserves.

As of May 2026, as a result of changes in the price of gold, the value of monetary gold has increased by USD 543.2 million since its acquisition.

As of May 2026, the share of gold in total international reserves is 14.9% (USD 1,043.2 million).

The NBG said updated data on total international reserves will be published on July 7, 2026.

Georgian Economic Forum

Powered by Business Insider Georgia

Read more
economic forum

Subscribe