Georgia’s Economy Is Booming, But Not Everyone Is Feeling It ...Middle East

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Georgia’s Economy Is Booming, But Not Everyone Is Feeling It
With tens of thousands of Russians arriving in Georgia since the war in Ukraine began, data suggest the economy is booming: GDP is up by double digits, the currency is the strongest it’s been in years, and remittance money is flowing in. But many Georgians need to see more benefit, as the most tangible economic change has been spiraling inflation, and many Georgians still need to be more welcoming of the new arrivals. Nine months following the start of the war, the large number of Russian emigres in Georgia’s big cities, and their economic…

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