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Small savings and big loans

By Messenger Staff
Thursday, August 8
According to the Caucasus Barometer 2012, which sums up various financial data from the previous year, only 8% of the Georgian population has any kind of monetary savings while 43% has different types of loans. As for the rural population of Georgia only 4% has any financial savings, while 55% have loans. These figures paint a fairly bleak economic situation in the country.