Tbilisi. The Young Economists of Georgia have released a statement on the Development Bank. The organization has released a statement on this issue back on April 7, and in the new statement the organization also expresses its position: "We believe that regardless of the purpose behind setting this bank up, its existence is not justified and it will hinder the development of financial markets and will have an adverse effect on economic growth," says the statement in which the organization discusses causes in detail.

Source: the organization's web page in the social network.