Special Report September 7, 2017	Days:  22 06 19 26 07

economics

DEVELOPMENT OF THE AGRICULTURAL SECTOR – JANUARY-JUNE, 2017

PMCG

In the agricultural sector:

- In the last eight years, total production output has fluctuated between 7.8% and 10.3% of gross domestic product;

- In the first quarter of 2017, foreign direct investment amounted to negative US$0.3 mln;

- In the first half of 2017, the volume of loans in the national currency almost reached the volume of loans in foreign currencies;

- In the first half of 2017, the volume of imports was 2.4 times the volume of exports.

In the first half of 2017, the agricultural sector contributed 9% (GEL 635.1 mln) of gross domestic product.