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Georgia's foreign trade turnover in the first half of 2024 dropped by 1.8% compared to the same period in 2023, totaling $10.3 billion, the Georgian National Statistics Service reported. From January to June 2024, the country …
Georgian Minister of Agriculture and Environmental Protection Otar Shamugia said that blueberry production and export was expected to double this year. "This year we expect a doubling of blueberry production …
The Georgian National Bank decided to keep the refinancing rate unchanged at 8% as inflation in the country remained below the target …
The Georgian economy has been projected to grow 5.2% in 2024 in the June edition of the World Bank’s Global Economic …
Georgia's GDP grew 11.8% year-on-year in April 2024, the Georgian National Statistics Service reported. The average growth rate for the first four months of 2024 was determined at 9%. Manufacturing, construction, …
Georgian Economy Minister Levan Davitashvili said the government would “maintain macroeconomic stability because of its highly responsible economic policy”. The minister expected investors to “make objective …
Georgia's Deputy Minister of Economy Vakhtang Tsintsadze said poverty levels had reached “historic lows” in the country. "In just one year, [the figures] decreased by 3.8%, lifting approximately …
Georgian Economy Minister Levan Davitashvili said China Communications Construction Company Limited would be announced as the Georgian Government’s private partner for the Anaklia port project “in the coming days”. …
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 …
