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Today, we have a very high level of both political and economic cooperation with Azerbaijan, and we have a very good dynamics in these relations, declared Georgia’s Prime Minister Irakli Kobakhidze. On March 16, Kobakhidze made his first official visit abroad as prime minister, visiting Azerbaijan. More...
It is expected that the economic growth forecast for 2024 will increase, Georgia’s Finance Minister Lasha Khutsishvili told reporters at a briefing today. As he noted, the expectations are based on showings of tourism sector, investments, consumption, etc. More...
In the 4th quarter of 2023, the highest average salary among employees of Georgian business sector was recorded in the field of information and communications, amounting to 4,420 lari per month, Sakstat reported. If compared to the corresponding period of 2022, salary in this sphere has increased by 17.1%. More...
Over the past 6 months, customs operators at e-ECZ (economic clearance zone) have registered 61,440 customs declarations, Georgian Revenue Service reported. If compared with the same period of previous year, the indicator has increased by 10%, the Service noted. More...
An international tender has been announced for design and construction of offshore infrastructure of the deep-water port of Anaklia, Georgia’s Ministry of Economy and Sustainable Development reported, noting that the tender is announced in accordance with the procurement procedures of the World Bank. According to the Ministry, the tender documentation was sent to the so-called “big four” (Dutch companies Boskalis and Van Oord, Belgian DEME and Jan De Nul). More...
Currently, the state-owned LLC Georgian Melioration carries out works totaling to 98.4 million lari at 44 capital facilities, reported Tamaz Mgebrishvili, general director of the LLC. According to Mgebrishvili, this year works of 10.18 million lari will also begin at 4 facilities. More...
We, as before, continue to work in connection with the IMF program (suspended in 2023), the acting president of National Bank of Georgia (NBG) Natia Turnava told reporters at a briefing today. As Turnava said, “There are certain issues, to which we have placed more attention, which are fundamental in this direction”. More...
The UN office in Georgia expresses deep concern about planned decrease of excise tax rate on certain types of tobacco goods in the country. The corresponding bill was initiated in Georgian Parliament on March 4. More...
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