Can i run GTA 5 on this specs?

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I really doubt you'll be able to play GTA V on those specifications, unfortunately.

It is a really CPU intensive, and does require quite a bit of RAM and GPU usage for it to run, and unfortunately you're lacking on all of these, although your CPU may be able to run it on quite low FPS which can be deemed unplayable, 2GB of RAM is definitely not enough, and your GPU is quite aged, again, is not really up to the GTA V standards, unfortunately.

 


You can run it currently? Wasn't expecting that 😛

The E8500 might bring a decent performance gain, from 2.2GHz to 3.16GHz, and is reasonably cheap, you may need to check your motherboard's manufacturers website to check if it is compatible.

4GB of RAM will help quite nicely, although you may still lag quite a bit on this game until you upgrade your GPU, even if it is to a GTX 1050, or a GTX 750Ti.
 
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