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foreign investment

US Department of State report says that Georgia is an open market

4 mins read

The FINANCIAL — The U.S Department of State published a report. It said that Georgia is a small but open market that derives benefits from international trade, tourism, and transportation. While it is susceptible to global and regional shocks, the country has made sweeping economic reforms since 1991 that have produced a relatively well-functioning and stable market economy. It ranks seventh in the 2020 World Bank’s Ease of Doing Business index and twelfth in the Heritage Foundation’s 2020 Economic Freedom Index. Fiscal and monetary policy are focused on low deficits, low inflation, and a floating real exchange rate, although the latter…

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US Department of State report says that Georgia is an open market

4 mins read

The FINANCIAL — The U.S Department of State published a report. It said that Georgia is a small but open market that derives benefits from international trade, tourism, and transportation. While it is susceptible to global and regional shocks, the country has made sweeping economic reforms since 1991 that have produced a relatively well-functioning and stable…