Georgia's refinancing rate held at 8,25 percent
The National Bank of Georgia opted to keep its refinancing rate unchanged at its June 17 meeting, indicating it is in no hurry to loosen monetary conditions.
The National Bank of Georgia opted to keep its refinancing rate unchanged at its June 17 meeting, indicating it is in no hurry to loosen monetary conditions.
Record-breaking export volumes have been achieved by Georgian producers.
The Georgian government intends to strengthen the country's economic profile, Prime Minister Irakli Kobakhidze said, also noting an increase in foreign investment.
Baku and Tbilisi have deepened their trade ties, with bilateral turnover growing by 40% this year to a total of $385 million.
The most of these reserves are held in foreign currency
Irakli Kobakhidze helr a meeting with the newly appointed Turkish Ambassador to Georgia. The discussions focused on enhancing economic collaboration and advancing the Middle Corridor initiative.
Georgia will continue to appear in international financial documents as a sovereign with a BB rating
The World Bank forecasts Georgia's economy to grow by approximately 5% this year, with price growth expected at 5.5%.
Georgian authorities are preparing to relaunch agricultural programs. This is expected to happen early next month.
Georgian Minister of Economy Mariam Kvrivishvili stated that Georgia intends to achieve full energy self-sufficiency by 2036
Levan Zhorzholiani, the Chief of the Georgian Government Administration, held a meeting with members of the US Congressional Committee on Foreign Affairs to address the enhancement of Georgian-US relations.
Georgia's potential accession to the EAEU could be beneficial for Tbilisi, though implementation depends on national leadership positions, according to Russian parliamentary analysis.
The ministry noted that the country's economic policy is results-oriented
Azerbaijan has emerged as the fourth-largest investor in the Georgian economy, according to preliminary data from the Georgian National Statistics Office (Sakstat).
A meat processing facility in Russia's Kursk region has exported its first shipment of meat products to Georgia, weighing 9.6 tons. The plant's total meat exports amount to nearly 35 tons.
Georgia has reported a reduction in domestic oil production, with 2025 output falling 8% compared to the previous year.
Food prices saw the largest increase
Georgia will invest approximately $7 billion in various transport projects by 2032.
Georgia's international reserves increased by $167.4 million during October, with total reserves reaching $5.6 billion.
World Bank representatives have identified key development conditions and economic prospects for Georgia.