TBILISI, March 30 Georgia's economic growth
accelerated to 4.8 percent year-on-year in January-February 2017
from 1.7 percent in the same period a year ago, the National
Statistics Service said on Thursday, helped by a rise in exports
In February alone growth was 4.4 percent, up from 2.6
percent in February 2016, but down from 5.2 percent in January
The former Soviet republic, through which pipelines carry
Caspian oil and gas to Europe, is recovering from a fall in
exports and plunge in the currencies of its main trading
partners that have depressed economic growth in recent years.
Georgia's economy expanded by 2.2 percent last year, down
from 2.9 percent in 2015.
The government in Tbilisi expects the economy to grow by 4
percent in 2017.
(Reporting by Margarita Antidze; Editing by Alexander Winning
and Toby Davis)