Summary

The paper deals with the improvement of the economic potential of the country and the improvement of the welfare of the workers on the correct economic policy of the government. It also shows that policy development is connected with the legislative and executive authorities of the country, highly qualified and experienced staff working in this field, that should take care of making highly effective decision, reform and its control. The officials of all branches of the government should be interested in solving the citizens’ problems of their country. The government must focus on progressive technologies, innovations, reforms, and all those innovations that are necessary for the well-being of the country's population. The paper concludes historical facts about how our ancestors took care about developing the country and the welfare of the population in the distant feudal era.

It also deals with the correct assessment of natural resources and their rational and ecological use norms in business. It is shown that the urgent and most important task of the government should be to support SMEs, which will give Georgian citizens self-consciousness of what kind of work and knowledge are needed for successful business development. There are examples about possible improvement of export products and improvement of the share of the internal market. It states that our country has enough fossil wealth, and its rational use with the help of modern high technologies must be as a cornerstone of the country's development, to provide for the welfare of the population. It's time to move on reasonable use of limitless, renewable resources (mineral, medicinal and thermal springs, a successful agriculture for the unique natural conditions, forests, rivers, lakes, canyons, reservoirs, glaciers, mountains, sea) which can benefit and profit country, investors and our citizens.