Georgian press review (February 26 - March 3)
The attempted assassination of Alexi Petriashvili, conflict between Tina Khidasheli and Gogi Topadze, strengthening of lari exchange rate and military reform
Giorgi Kadagidze
Georgia decides to save on ministers
The Georgian government can pass a reduction of members. First Vice Prime Minister of Georgia and Minister of Energy, Kakha Kaladze, said in the framework of the optimization of public spending several ministries in the future, …
Margvelashvili introduces new head of National Bank of Georgia
A former senior economist at the Middle East and Central Asia Department of the International Monetary Fund Koba Gvenetadze may take the post of the National Bank Council. President of Georgia Giorgi …
Georgia waits for strengthening of lari
The head of the Central Bank of Georgia, Giorgi Kadagidze, today explained that the rejection of spending the national reserves was due to confidence that the Georgian lari would strengthen in the very near future. …
Kadagidze does not rule out lari recovering its pre-devaluation rate
Head of the Georgian National Bank Giorgi Kadagidze does not exclude the possibility of the lari reaching the level it was at before the devaluation. However, it will only be possible achieve this, in his opinion, if …
Has the lari stopped falling?
The Georgian authorities and the National Bank of the country are ready to implement the actions required to stabilize the lari in the case of its decline, but further devaluation of the national currency is not waiting for the regulator, the …
Black Sea Trade & Development Bank donates $50,000 to Tbilisi Zoo
The Black Sea Trade & Development Bank, BSTDB, has donated $50,000 to Tbilisi Zoo. "Following our discussion in Tbilisi, the Black Sea Trade & Development Bank decided to contribute to the recovery efforts to tackle …