Georgian Deputy Prime Minister, Economy Minister Levan Davitashvili said the country’s economic growth forecast was “positive” in the medium term and the domestic economy was set to become “one of the …
Georgian Finance Minister Lasha Khutsishvili highlighted the “very high” economic growth in Georgia over the past four years. According to the minister, Georgia had experienced “double-digit” growth between …
China is ready to cooperate with Georgia and will help the coubtry to develop as a transport and digital hub, Chinese Ambassador to Georgia Zhou Qian said in …
In 2023, Georgia's public debt increased by 6.7% compared to the year before. This year, it has been gradually declining for two months in a row.
The National Bank of Georgia said it was continuing its exit from a tight monetary policy by reducing the refinancing rate by 0.75 percentage points, down to 8.25%. The Bank said both domestic and external factors had contributed to …
Georgia's annual inflation rate was 0.3% in February, the Georgian National Statistics Office reported. Citing the office's data, price changes …
The Asian Development Bank (ADB) and Credo Bank have signed a loan of 65 million lari ($25 million) to support onlending activities to …
Georgian Minister of Economy and Sustainable Development Levan Davitashvili said the Black Sea submarine electricity cable project will be discussed during the …
Bank of Georgia confirmed it is in advanced talks with Ameriabank about a potential acquisition of the Armenian bank. According to the …
The Georgian GDP grew 8.3% year-on-year in December and by 7% in 2023, the Georgian National Statistics Office said. According to the office, last month’s growth was mainly driven by estimated real growth in construction, …
Georgian Economy Minister Levan Davitashvili said the country would maintain the trend of economic growth this year. "The economic growth will be even higher in the coming years”, the minister said, adding that the latest …
The Georgian Government’s Economic Council, led by Prime Minister Irakli Garibashvili, discussed the one billion lari, five-year state …
Georgian Economy Minister Levan Davitashvili said Georgia was the only country having free trade agreements with both Europe and China, which created an opportunity for economic activity, “making the country attractive” in this …
The Monetary Policy Committee of Georgia's National Bank decreased the refinancing rate by 0.5%, to 9.5%, following a “more pronounced” reduction in the domestic inflation rate than anticipated. The National Bank …
Georgia's National Bank (NGB) said it would start issuing gold certificates and selling gold bars starting on December 4 in order to diversify the investment market and assets. The Royal Mint, the United Kingdom's official maker …
Georgian Prime Minister Irakli Garibashvili discussed Georgia's current economic situation and its fiscal and budgetary parameters with President of the …
Georgian Prime Minister Irakli Garibashvili said 6.7 million lari ($2.47mln) would be spent on infrastructure projects across the country next …
Georgian Prime Minister Irakli Garibashvili said the fiscally “balanced” state budget for 2024 involved “quite interesting” programmes and would affect the “largest part of our population” next year. …
Georgian Deputy Economy Minister Vakhtang Tsintsadze said his office expected the volume of the country's export and trade turnover to hit “new record levels” in 2023, repeating the last year's results. According to …
The National Bank of Georgia decided to lower the refinancing rate to 10% from 10.25% on September 13, the bank said in a press …
