The Pension Agency presented its five-year investment results to approximately 200 delegates from government and the financial sector. The event aimed to provide a broader public with an overview of the organization’s investment results since its inception. The event also featured several panel discussions featuring representatives from Galt & Taggart.
“We are pleased to have participated in the Pension Agency’s five-year investment results event and discussed capital markets and investment prospects with representatives of various sectors. As I mentioned at the event, the bond market has grown significantly in recent years. 2023 was a record year in this regard, with 1.1 billion GEL worth of bonds placed on the market, which is a quadrupled result over the past 5 years. The reason for this is the favorable conditions that the bond market offers both issuers and investors. It is worth noting that 30% of the issued bonds are denominated in GEL, and we hope that this share will grow in the coming years.” – said Levan Shavkatsishvili, General Director of Galt & Taggart.
“At today’s conference, I reviewed the investment prospects of various sectors of the Georgian economy, including current trends in education, IT, transport, logistics and other fields. It is worth noting that our country’s economy has traditionally depended on foreign savings. Accordingly, the pension reform is a step forward in order to diversify funding sources with local savings,” said Eva Bochorishvili, Head of Research at Galt & Taggart.
