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Georgian economy develops slowly

By Messenger Staff
Friday, July 29
Georgian leadership refers to the "Singapourization" of Georgia’s economic development, inferring that the economy is developing quickly. However, the country's growth should be faster. After the collapse of Soviet Union, Georgian economic development slowed down and although certain positive moves are noticeable the speed is very slow and far from enough to catch up with the so-called "Singapourization"