“We Continue Essential Reforms to Build a World-Class Capital Market Ecosystem” — Irakli Kobakhidze

Georgia’s Prime Minister Irakli Kobakhidze stated that the country is continuing key reforms to develop a world-class capital market ecosystem, while speaking at the International Capital Markets Conference.

He thanked the event organizers, TBC Capital and the National Bank of Georgia, noting that the conference brings together global investors, policymakers, and leading financial institutions at a time when economic and geopolitical developments are actively shaping financial markets.

Kobakhidze highlighted strong growth in Georgia’s domestic corporate bond market. In 2025, the market recorded its highest-ever activity, with a record level of issuances, while the public corporate bond market grew by 33.3% year-on-year.

According to the Prime Minister, this reflects a maturing ecosystem where Georgian businesses are ready to compete and global investors are ready to partner.

He emphasized that ongoing structural reforms are aimed at deepening the capital market, improving infrastructure, expanding financing instruments, and ensuring a transparent, investor-friendly regulatory framework aligned with international standards. He also noted that the pension reform has already delivered results, with assets under management nearing GEL 9 billion, creating a strong base of long-term local investors.

Kobakhidze stressed that Georgia remains open to business and offers not just a market, but long-term partnership opportunities. He reaffirmed the government’s commitment to maintaining a stable, predictable, and investor-friendly environment.

He also pointed to Georgia’s growing strategic role amid global economic shifts, highlighting its position within the Middle Corridor connecting Europe and Central Asia. He noted that alongside physical connectivity, strong capital markets are essential for supporting this role.

The Prime Minister underlined that a well-functioning capital market is a national priority, as it supports economic growth, efficient allocation of financial resources, private sector development, and access to long-term financing.

He added that Georgia’s economic performance remains strong and resilient. Between 2021 and 2025, the country achieved an average real GDP growth of 9.3%, with continued momentum into 2026, including 7.9% growth in January alone.

Kobakhidze concluded by expressing confidence that the discussions at the conference will lead to practical steps and long-term partnerships.