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Economic Press Monitor: Macroeconomics & Budget
March 27, 2015


REZONANSI: “NODAR KHADURI: I DECLARE IT STRAIGHT, THERE WILL BE NO SEQUESTER!”

In his interview with the newspaper, Finance Minister Nodar Khaduri says that economic growth in January was 0.5%, while it should be at least 4% in February.

“I want to tell straight that there will be no sequester”, the Minister declares, but notes that decision on cut of administrative expenses is already made, while “as for more profound and comprehensive budgetary amendments, it depends on a set of factors”.

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