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DAILY NEWS April 29, 2025

AS OF MARCH 31, VOLUME OF DEPOSITS PLACED BY LEGAL ENTITIES IN GEORGIAN BANKS IN LARI INCREASED BY 3.2% Y-O-Y

As of March 31, deposits of legal entities placed in Georgian banks in Georgian national currency amounted to 17.05 billion lari, the National Bank of Georgia reported (estimation). If compared to the same period of 2024, the volume has increased by 3.2%. More...


AS OF MARCH 31, VOLUME OF DEPOSITS PLACED BY INDIVIDUALS IN GEORGIAN BANKS IN LARI INCREASED BY 9% Y-O-Y

As of March 31, deposits of individuals placed in Georgian banks in Georgian national currency amounted to 10.77 billion lari, the National Bank of Georgia reported (estimation). If compared to the same period of 2024, the volume has increased by 9%. More...


AS OF MARCH 31, VOLUME OF DEPOSITS PLACED BY LEGAL ENTITIES IN GEORGIAN BANKS IN FOREIGN CURRENCY INCREASED BY 17% Y-O-Y

As of March 31, deposits of legal entities placed in Georgian banks in foreign currency amounted to equivalent of 11.17 billion lari, the National Bank of Georgia reported (estimation). If compared to the same period of 2024, the volume has increased by 17%. More...


AS OF MARCH 31, VOLUME OF DEPOSITS PLACED BY INDIVIDUALS IN GEORGIAN BANKS IN FOREIGN CURRENCY INCREASED BY 17.8% Y-O-Y

As of March 31, deposits of individuals placed in Georgian banks in foreign currency amounted to equivalent of 20.88 billion lari, the National Bank of Georgia reported (estimation). If compared to the same period of 2024, the volume has increased by 17.8%. More...


IN TOTAL DEPOSITS PLACED IN GEORGIAN BANKS IN FOREIGN CURRENCY AS OF MARCH, US DOLLAR ACCOUNTED FOR 79.3%, EURO – 19.2%

As of March 31, deposits placed in Georgian banks in foreign currency totaled to equivalent of 32.05 billion lari, increasing by 17.6% year-on-year, the National Bank of Georgia reported (estimation).

In total volume, deposits placed in US dollar made up 79.3% (equivalent of 25.4 billion lari, year-on-year growth – 18.7%). More...


AS OF MARCH, 17.6% OF TOTAL DEPOSITS IN GEORGIA WERE INSURED

As of March 31, deposits placed in Georgian banks (both in national and foreign currencies) totaled to 59.85 billion lari. At that, according to Georgian Deposit Insurance Agency, volume of deposits, insured under the deposit insurance system, amounted to 10.5 billion lari, making up 17.6% of the total. More...


GEORGIA AND TURKMENISTAN AGREED ON COOPERATION IN CUSTOMS SPHERE

The governments of Georgia and Turkmenistan signed the agreement on cooperation and mutual administrative assistance in the customs sphere.

According to the document, which was published today in Georgian Legislative Herald, the parties will render administrative assistance to each other in order to apply customs legislation properly, prevent, investigate and combat violations of customs rules, as well as to ensure security of the supply chain in international trade. More...


ISSUES OF SUPERVISION AND MONITORING OF HAZARDOUS FREIGHT TRANSPORTATION BY GEORGIAN RAILWAY DEFINED

Georgia’s parliament adopted today (78 votes) amendments to the Railway Code in third (final) hearing. Among other things, the amendments define the issues of supervision and monitoring of hazardous freight transportation by rail. More...


ECONOMIC PRESS MONITOR April 30, 2025

Bankebi da Finansebi: “ARVELADZE: PROJECT OF BLACK SEA CABLE IS IMPORTANT FOR BOTH EU AND SOUTH CAUCASUS COUNTRIES – BOTH SIDES, HUNGARY AND GEORGIA, WILL DO EVERYTHING TO SUPPORT DEVELOPMENT OF THIS PROJECT”

The project of the Black Sea underwater cable is important for both the EU and the countries of the South Caucasus, says Georgia’s Deputy Minister of Economy and Sustainable Development Gennady Arveladze. “We, both sides [Hungary and Georgia], will do everything to support the development of this project”, he assures. More...


Tabula: “56% OF GEORGIAN POPULATION EXPECT ECONOMIC CRISIS – SURVEY BY “ACTR””

In the next 6 months, 56% of Georgian population expect an economic crisis in the country – such are the results of a survey conducted by marketing research company ACTR.

“It seems that worries about the economic future are not only theoretical expectations, but are based on already existing reality”, ACTR says. More...


Rezonansi: ““CASE OF FUNDS” AND HIGH-PROFILE SEARCHES – “DREAM” TRIES TO COMPLETELY BLOCK FINANCIAL FLOWS FOR OPPONENTS”

Georgian prosecutor’s office accuses the managers of several funds of sabotage and assistance to the hostile activities of a foreign organization. As part of this investigation, searches were carried out at 5 addresses on April 29. More...


SPECIAL REPORT April 24, 2025

EMPLOYMENT TRACKER (MARCH, 2025)

AVERAGE NUMBER OF PERSONS RECEIVING A SALARY

In March 2025, the number of persons receiving a monthly salary increased by 0.3% compared to the corresponding period of 2024 and by 5.0% compared to the corresponding period of 2023, amounting to 962,9851.

In March 2025, the share of persons receiving a monthly salary up to 600 GEL amounted to 13.7%, which was 2.2 percentage points less than the corresponding period of 2024, and 5.1 percentage points lower than the corresponding period of 2023. More...


Exchange Rates (NBG)
  04/29/25 + / -
  USD   2.7516   0.0020
  EUR   3.1305   0.0078
  RUR   3.3672   0.0237
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