Robert A. Lawson Gives Positive Evaluation of Economic Reforms Implemented in Georgia

Robert A. Lawson Gives Positive Evaluation of Economic Reforms Implemented in Georgia

Robert A. Lawson Gives Positive Evaluation of Economic Reforms Implemented in Georgia

The FINANCIAL -- One of the authors of the World Economic Freedom Index, the Fraser Institute Professor Robert Lawson, positively evaluates the reforms implemented by the Government of Georgia as well as the economic system itself.

On September 21, Robert Lawson held a meeting at the Ministry of Economy and Sustainable Development of Georgia where several key topics of the economic reforms were discussed, according to Ministry of Economy and Sustainable Development of Georgia.

The Head of the Economic Reforms Division of the Ministry of Economy and Sustainable Development of Georgia, Beka Liluashvili confirmed that it was a very important meeting, where the parties discussed several main topics from the agenda of the economic reforms, including the legal framework for public-private partnership, pension reform, capital market reform, financial solvency reform, etc. “We all find that these reforms are very important in terms of simplification of doing business in Georgia and increasing its efficiency. The meeting gave us an opportunity to identify the directions of the economy where there still are opportunities for the implementation of reforms focused on improving the business environment” - Beka Liluashvili stated.

Paata Sheshelidze, the President of the New Economic School, found it important to have the opportunity to discuss together with the representatives of the different Georgiana Ministries if what can be done in order to advance the country’s position in the World Economic Freedom Index ranking. “We all agreed that it is a very important issue and we also confirmed our interest to cooperate in this direction. It is very welcoming trend since the Economic Freedom Index is not only about the taking the first place, but the impact is has on a daily life” – Sheshelidze noted.