Social-economic Development Strategy of Georgia “GEORGIA 2020”
Country Resources
Development and Poverty Strategies
Georgia
2014
Policy document
Print
Government of Georgia; Government of Georgia
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Description
The economic policy of the Government of Georgia is based on three main principles. The first principle implies ensuring fast and efficient economic growth driven by the development of the real (production) sector of the economy, which will resolve economic problems that exist in the country, create jobs, and reduce poverty. The second principle implies implementation of economic policies that facilitate inclusive economic growth – it envisages universal involvement of the population in the economic development process (including Diaspora, migrants, ethnic minorities, and other groups), prosperity for each member of society through economic growth, their social equality, and improvement of the living standards of the population. The third main principle is based on rational use of natural resources, ensuring environmental safety and sustainability, and avoiding natural disasters during the process of economic development.The government of Georgia recognizes principles of democratic development, rule of law, efficient administration, respect for human rights, and basic freedoms; the Government’s policy is based on those principles.
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