PM: Q2 GDP Growth at least 7%

Preliminary estimates show GDP grew about 7-7.5 per cent in the second quarter of 2010 year-on-year, PM Nika Gilauri said at a government session on August 3.

The state statistics agency, Geostat, has yet to publish detailed figures.

“GDP growth in first half of 2010 is about 5.5-6 per cent; it is very important, as this is not a low pace of growth,” PM Gilauri said.

Georgia’s real GDP grew 4.5% in the first quarter of 2010 year-on-year, from nominal USD 2.327 billion to USD 2.47 billion, according to Geostat.

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