MP Roman Gotsiridze of the "EuroOptimists" warns that the outcome of the October 26 elections will determine the stability of Georgia's national currency, the GEL. He criticized the current government's policies, which he claims have caused greater harm to the GEL than the pandemic.

At a briefing, Gotsiridze emphasized that the future of Georgia's currency, the lari, hinges on the election results. He argued that the "reckless" policies of the "Georgian Dream" government have destabilized the GEL, and without a change in leadership, the country risks economic collapse like the 1990s.

"The survival of the GEL actually depends on the voter, since the results of the elections will tell us whether we will have a stable and solid currency, or if we return to the 90s," Gotsiridze said.

Gotsiridze also criticized the National Bank of Georgia, accusing it of supporting the government's "criminal" economic policies by selling over $400 million to stabilize the exchange rate of the lari. He warned that the international isolation that could result from a "Georgian Dream" victory would have catastrophic financial consequences for the country.

"The reckless policy of 'Georgian Dream' has caused greater damage to the stability of the GEL than the pandemic. The National Bank is an accomplice to this crime," he claimed.