Georgian President: Year of economic recovery begins

In this report he called year 2010 the year of economic recovery of Georgia.

"The hardships of 2008 and 2009 are behind us. But, it is still too early to speak of the economic crisis in the past tense. Many families still suffer from poverty and unemployment. Many companies, businesses, and entrepreneurs are still striving to overcome the difficulties created during the last two years. Many people cannot find cause for optimism and happiness," he said.

"But I can definitely tell you now that the decline has stopped. In every sphere of our economy, there are strong signs of recovery. We have overcome the most difficult stage of the crisis. The key economic indicators have stabilized; plus signs have replaced minus signs."

"Today I can say with certainty that our country has started to recover despite all these great difficulties," the President added.

"This year will be the year of recovery of our economy as well as of our social and political life," the President stated.

The Catholicos Patriarch Ilia II, representatives of the Georgian government, diplomatic corps visited the yesterday's presentation.

The sitting was attended by a group of Russian citizens - journalists, politicians, public figures.

The Speaker greeted them before the beginning of the President's speech and called their names: Konstantin Borovoy, Valeria Novosvorskaya, Andrey Illarionov, Vladimir Bukovskiy, Galina German, Oleg Panfilov. The audience stood up and applauded.

Having entered the hall, Mikheil Saakashvili laid a wreath to the place of Vano Khukhunaishvili, the MP who had died recently.

He started the speech with the address to the family of Georgian luger Nodar Kumaritashvili, who died in training accident at the Winter Olympics in Vancouver.


/Georgia Times/