The contribution of foreign students to the Georgian economy is GEL 1.2 billion, which means that they contribute approximately GEL 300 million to the Georgian budget annually. In addition, more than 10,000 jobs have been created in Georgia at their expense. Accordingly, the cancellation of foreign student programs would cause a significant loss to the Georgian economy, budget, and employment rate, Prime Minister Irakli Kobakhidze stated.

As the Prime Minister notes, in total, the contribution of foreign students to the Georgian economy is GEL 1.2 billion, which means that they contribute approximately GEL 300 million to the Georgian budget annually.

“There are 37,000 foreign students studying in Georgia, most of whom are citizens of India. 7% of the students are from Jordan, 6% from Israel, 5% from Sudan, and 3-3% from Pakistan, Great Britain and Egypt. One foreign student pays an average of 15,500 GEL per year in tuition fees and spends an additional 16,300 GEL in the country. In total, the contribution of foreign students to the Georgian economy is 1.2 billion GEL, which means that they contribute approximately 300 million GEL to the Georgian budget annually. In addition, more than 10 thousand jobs have been created in Georgia at their expense. Accordingly, the cancellation of programs for foreign students would cause a significant loss to the Georgian economy, budget and employment rate. It should also be noted that students leave the country immediately after receiving their diplomas. Accordingly, they do not pose any risk to Georgia’s demographic situation," the head of government said.

The information was disseminated by the government administration.