Economic growth in Georgia remains strong, but is slowly approaching long-term potential growth again. The boom, which was fueled in particular by the influx of Russian immigrants, is slowing down. The value of the lari against the US dollar stabilized last year after a strong appreciation in 2022, inflation is falling, monetary policy is slowly becoming looser and trade is developing strongly, particularly due to re-exports. The high budget deficit has been reduced. Not all the potential benefits of the DCFTA with the EU has been exploited already.
