Presidential elections and investments

Georgian Minister of Finance, Nodar Khaduri, thinks that the upcoming presidential elections will not greatly influence the investment environment in the country. According to Khaduri, generally elections do influence the election environment; however, the Georgian constitution stipulates that the elected Georgian president’s rights and powers will be diminished and he/she will not influence the country’s politics.

At the beginning of this year, the Georgian government had promised that up to $2 billion in investment would enter the country; however, the analysts were more skeptical. Currently it is the subject of much speculation that only up to $1 billion investments will enter the country.