Paying back foreign loans
Friday, October 18According to government figures, by 2018 1.8 billion lari will be spent annually paying back foreign loans. 1.1 billion GEL is the loan itself, whereas the remaining 658 million lari is the interest.
In 2004, Georgia’s government debts were $2.8 billion. Nine years later, Georgia's debt is $13 billion. (The Messenger)