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What is the role tourism plays to Georgia's economic drop?

What is the role tourism plays to Georgia's economic drop?
What is the role tourism plays to Georgia's economic drop?

The specialists' opinion on the projected economic drop in Georgia is different; statistic expert Soso Archvadze supposes that the economic decrease will be more severe, as Georgia's economy depended on tourism for years.

President of the National Bank of Georgia Koba Gvenetadze releases optimistic prognosis.

He accepts the estimations of the Georgian government and International Monetary Fund, adding the Georgian economy tends to decrease by 4% in 2020.

Soso Archvadze states the novel coronavirus pandemic has worsened economic parameters, and the economic drop depends on the duration of the epidemic and the depth of the crisis.

''From my point of view, the decrease will be about 15 – 20%,'' he says.

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