Problems with Georgian lari

Problems with Georgian lari

"GEL behaves just like us”, says Nikoloz Khundzakishvili, Corporate Director of Natakhtari. According to him, the public does not trust the currency.

Temur Chkonia, President of Coca-Cola thinks that the approach of blaming external shocks in everything bad that is happening with GEL on  is wrong.

According to Vano Goglidze, Founder of Kula, as a result of exported products, dollar enters the company and the same system works for the losses caused by the depreciation of the GEL.

Goglidze says that gas and electricity prices have also increased recently, as well as price for raw materials making local production difficult.

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