Despite countless challenges, Georgia has demonstrated remarkable resilience, said the Georgia’s Foreign Minister, Maka Botchorishvili, at the UN’s 4th International Conference.
“Today, the global financial architecture faces serious challenges. The prolonged impact of the pandemic, ongoing conflicts, growing inequality, humanitarian crises, food insecurity, and climate change significantly impede the fulfilment of the 2030 Agenda. This conference provides us with an excellent opportunity to demonstrate the importance of multilateral cooperation, to add additional momentum to our joint efforts toward achieving the Sustainable Development Goals, and to ensure that no one is left behind.
Dear colleagues, despite countless challenges, Georgia has demonstrated remarkable resilience. Through prudent economic policies and fiscal discipline, we have maintained economic stability and soundness. As a result, it became possible to overcome external shocks and achieve impressive progress – double-digit economic growth was recorded in 2021, while over the past four years, we have achieved an average growth rate of 9.7%.
The country’s economic growth is broad-based, and the achieved results are driven by notable achievements in trade, construction, information technology, transport, and services sectors. Rapid recovery trends are also evident in the tourism sector – revenue received in 2024 exceeded pre-pandemic levels by 35%, and growth continues in 2025. To ensure long-term sustainable development perspectives, our priority is investing in key infrastructure development and focusing attention on renewable energy, digital transformation, and connectivity.
Georgia stands out for significant progress and an attractive investment climate, facilitated by its stable legal system and business environment. In terms of state budget transparency, Georgia ranks first in the world for State Budget Transparency, according to the 2023 Open Budget Survey by the International Budget Partnership. The Heritage Foundation’s 2025 Index of Economic Freedom ranks Georgia 35th globally, placing it above seven EU member states. The World Bank’s Business Ready Index 2024 places Georgia in the top three among 50 countries”, - said Maka Botchorishvili.