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Dimitri Kumsishvili: “The balance of payments has been improved by USD 700 million.”

Dimitri Kumsishvili: “The balance of payments has been improved by USD 700 million.”

4 mins read

The FINANCIAL -- The Minister of Finance of Georgia, Dimitri Kumsishvili, commenting upon the depreciation of GEL, stated: “The balance of payments has been improved by USD 700 million. This means that monetary inflows to the country have increased. There are more earnings from export as well as from tourism. In total, this is USD 700 million.”…

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Dimitri Kumsishvili: “The balance of payments has been improved by USD 700 million.”

4 mins read

The FINANCIAL -- The Minister of Finance of Georgia, Dimitri Kumsishvili, commenting upon the depreciation of GEL, stated: “The balance of payments has been improved by USD 700 million. This means that monetary inflows to the country have increased. There are more earnings from export as well as from tourism. In total, this is USD…