“Despite global uncertainty and regional geopolitical tensions, Georgia has remained a steadfast anchor of peace and stability,” said Georgian Prime Minister Irakli Kobakhidze adressing the panel discussion titled “Georgia – Nexus For Investment,” held as part of the 5th Tbilisi Silk Road Forum.
According to the PM, guided by a clear vision of lasting peace and sustainable progress, the country has advanced along a steady path of development — maintaining macroeconomic stability, achieving impressive growth and demonstrating exceptional economic resilience.
“These achievements are a direct reflection of the government’s guiding vision and strategy: that peace creates predictability, and predictability, in turn, lays the foundation for sustainable economic growth. From 2021 to 2024, our country recorded one of the highest economic growth rates globally, averaging 9.4% annually. Georgia remains on a strong trajectory, with growth projected at 7.2% in 2025, and medium-term growth expected to average 5.1% over the next five years, according to the IMF.
This performance is built upon prudent macroeconomic management and comprehensive structural reforms that ensure both stability and competitiveness. Our reform path is disciplined, predictable and focused on measurable outcomes, fostering continuity and confidence among investors. As a result, Georgia remains an attractive investment destination, with its legal, business and investment environment consistently receiving high marks from leading international rating institutions. Georgia stands out prominently in the World Bank’s Business Ready (B-READY) rankings — 2nd in the Operational Efficiency pillar and 3rd in the Regulatory Framework pillar — highlighting our commitment to streamline business processes and strong regulatory standards.
Additionally, Georgia ranks 6th for taxation, reflecting a highly favorable business and tax environment. According to the 2023 Open Budget Survey (OBS), conducted by the International Budget Partnership (IBP), Georgia got 87 points out of 100 in State Budget Transparency and took 1st place in the world ranking of 125 countries,” he said.