Tourism revenues in Georgia to fall sharply – a disappointing forecast

11:40 - 6.08.2020

August 6, Fineko/abc.az. Georgia's tourism revenues are expected to decrease by 80% against the past year.

ABC.AZ reports that above-said statement was made by Koba Gvenetadze, the president of the National Bank of Georgia.

According to Gvenetadze, this indicator is projected with the probability that tourism revenues will be minimal for the rest of the year.

Gvenetadze noted that the main feature of the current crisis in connection with the pandemic is a high level of uncertainty, which mainly concerns tourist flows.

 

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