World Bank: FDI in Georgia in 2013
By Messenger Staff
Thursday, March 28According to the World Bank data, the possible amount of Foreign Direct Investments (FDI) in Georgia in 2013 is estimated at around $800 million– even though Georgia’s new government optimistically suggested that this year the county would receive about $2 billion. In 2012, Georgia received $862 million; whereas Georgia’s previous government had then predicted that FDI would reach around $1 billion. Some analysts are skeptical towards the optimism of Georgia’s new government, as during the past three months of 2013, no significant investments have been carried out in the country and the country remains in the stand-by position. Political issues are overwhelming the situation in the country; it expects presidential elections and although the results could be predicted beforehand, and nobody doubts that Georgia’s new president will be form the Georgian Dream coalition, the pre-election period is still the source of instability.