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IMF Executive Board Completes the Third Review of the Extended Arrangement under the Extended Fund Facility for Georgia. The authorities’ reform program supported by the Extended Fund Facility arrangement remains on track, reflecting …
The National Bank of Georgia (NBG) announced several weeks ago that they had purchased $1 million on the Foreign Exchange Auction, noting that the weighted average exchange rate was 2.7220 per dollar. This was the ninth foreign currency …
Georgia’s economy grew 4.9 percent in the first two months of 2018, show the latest data from the National Statistics Office of Georgia (Geostat), Agenda.ge reports. Last month the estimated real Gross Domestic …
In 2017, Azerbaijan reaffirmed its leadership in the South Caucasus region by once again gettion ahead of its Caucasian neighbors both by economic indicators, by scale of international projects and by prospects for further development. …
Georgia and the World Bank are celebrating 25 years of partnership today. To mark this occasion Georgia’s Finance Minister Dimitry Kumsishvili hosted the Vice President of the World Bank’s Europe and Central Asia …
The first annual forum entitled ‘Economy of Georgia: Prospects and Challenges’ will be held in Tbilisi on March 20. The corresponding message is posted on the website of the Azerbaijan Export and Investment Promotion Foundation …
The International Monetary Fund (IMF) is planning to launch a three-year, $285 million technical assistance program in an effort to support economic policy in Georgia. Marking the completion of a two-week IMF mission in Georgia, Georgian …
Consumer prices in Georgia were up 2.9 percent in January in month-on-month terms after rising by 1.0 percent in December, Reuters reported. This information was published by the Georgian State Statistics Service in its report. …
Georgia and India are deepening bilateral ties in a range of field, including tourism and aviation, by signing a Memorandum of Cooperation (MoC) to facilitate easier travel between India and Georgia. Today Georgia’s Economy …
Latest data by the National Statistics Office of Georgia showed in September 2016, Georgia’s estimated real Gross Domestic Product (GDP) growth rate reached 1.5% year-on-year. Meanwhile, the estimated real GDP growth reached 2.2% …
Georgia is now one of the top five most economically free countries in the world, according to a new report by the Fraser Institute. The annual Economic Freedom of the World report, released earlier this week by the public policy …
Georgia's central bank continued to ease monetary policy by cutting the key refinancing rate by 50 basis points (bp) to 7%, the National Bank of Georgia (NBG) said on June 15, IntelliNews reports. The regulator began …
Georgian Foreign Minister Mikheil Janelidze met representatives of business societies, according to MFA of Georgia, The Financial reports. Mikheil Janelidze presented to the business societies representatives the …
Georgia is promoting and protecting the name and quality of its national alcoholic beverages from misuse and imitation in China, Agenda.ge reports. Georgia’s Ministry of Economy announced Georgian wine and other alcoholic …
The Georgian Prime Minister Giorgi Kvirikashvili will visit Dubai on Monday to take part in the Annual Investment Forum. It is reported that he will address the Global Leaders Plenary Session, during which he will …
