Daily News April 29, 2025	Days:  23 24 25 28 29

politics

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.

economics

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%.




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%.




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%.




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%.




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%).




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.




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.