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Prime Minister:Reduction in Social and Infrastructure Costs is not Planned so far

The government plans a major reduction in administrative costs, but it will not affect social and infrastructure projects – Prime Minister of Georgia Irakli Garibashvili said during his press conference.

“We decided to maximally reduce  administrative costs. But this will not affect any of the social or infrastructure projects. As you know, we have implemented a number of social projects in the regions that more or less alleviated the plight of people, “- said the Prime Minister.

According to him, the government will have to solve the problems accumulated over the years, and there should be no illusions that this can be done quickly.

“We prefer to talk about it openly and directly to the population to avoid any false expectations. Now we must do everything possible to ensure that people feel more secure. What is important is that we have to tell people about our vision in terms of economic recovery, “-  Garibashvili notes.

The Prime Minister also focused on the growth of foreign direct investment in 2014.

“This is a major achievement, especially in view of the difficult situation in region. Increased investments mean a confidence in our country. Foreign direct investment in 2014 amounted to $ 1  billion 272 million, which is 39% higher than the preliminary figures for 2013 and 35% – the same specified data. In the same period, volume of reinvestment accounted  for   21% of foreign direct investment. Most foreign direct investment accounted for transport and communications sector and amounted to  $ 343 million (27% of all foreign direct investment). Followed by the construction  with $ 295 million and processing industry with $ 174 million, “- said the Prime Minister.

According to him, this is the highest rate on investments in Georgia since 2007.

The Prime Minister also says that in general he is satisfied with the work of the government, and does not intend to carry out any reshuffle.

“I cannot say that I am pleased with the work of all the ministers. We must do all our best and I also urge ministers to do so. I encourage them to be more active. At this stage, any changes in the government are not planned, “- said Garibashvili.