**Georgia Aims to Eradicate Poverty by 2028: Prime Minister**
The government of Georgia is committed to eradicating poverty once and for all. According to Prime Minister Irakli Kobakhidze, economic growth is crucial in achieving this goal. The country’s economic growth rate has been impressive, with a 7.5% increase in April alone. This is the highest figure recorded since the beginning of the year.
**Georgia’s Economic Growth**
Georgia’s economy has been growing steadily over the past few years. In fact, it is now considered one of the leading economies not only in the region but also across Europe. The country’s economic growth rate has averaged 8.8% for the first four months of this year. This is a remarkable achievement and a testament to the government’s efforts to stimulate economic development.
**Poverty Rates Drop**
The poverty rate in Georgia has been steadily declining over the past few years. In 2023, the poverty rate was 11.8%, but it dropped by 2.4 percentage points last year to 9.4%. This is a significant improvement and a clear indication that the government’s efforts are paying off. Furthermore, the number of people living below the poverty line has decreased dramatically since 2012, when over 1.1 million people were affected.
**Goals for 2028**
The government has set ambitious targets for 2028, with the goal of reducing unemployment to below 4% and raising the average salary above 3,500 GEL. Prime Minister Kobakhidze is confident that these goals are achievable at the current pace of economic growth. In fact, he believes that poverty can be eradicated entirely in Georgia by 2028 if the country continues to grow economically.
**A Major Achievement**
The progress made so far is a significant achievement, but the government remains committed to its goal of eradicating poverty entirely. The decline in poverty rates and the increase in employment numbers are clear indicators that the economy is growing and benefiting a broad segment of the population. As Prime Minister Kobakhidze emphasized, it’s essential to maintain this pace of development to achieve the set targets.
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