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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 …
Georgia's National Bank decreased the refinancing rate by 0.25 percentage points to 10.25% after monitoring developments in the domestic economy and financial markets. The bank said annual inflation had dropped to …
The National Bank of Georgia announced a “gradual exit” from its tight monetary policy, as it decreased the …
Georgia's National Bank has announced an open international tender for the procurement of an Instant Payment System (IPS), to be implemented in compliance with the procurement procedures of the World Bank. All payment system …
In 2022, Georgia's economy grew by 10,1% on average. This was reported in the National Statistics Office of Georgia "Sakstat". They noted that in December 2022, GDP growth was 11% higher than in the same period …
Georgian external trade turnover amounted to $17.02 billion in January-November 2022, posting a 32.2% increase year-on-year. The value of exports rose by 31.8% and equalled $5.03 billion in the reported period, while imports also grew …
Georgia is on course to become one of the world’s fastest-growing economies this year following a dramatic influx of more than 100,000 Russians. "As much of the globe teeters towards recession, this country of 3.7 million …
Governor of the national bank of Georgia Koba Gvenetadze said the financial institution expected domestic inflation to begin to decline from February and approach the target level in the second half of 2023. Gvenetadze warned …
Georgian prime minister Irakli Garibashvili on Monday said the domestic high economic growth rate was expected to be maintained with the year closing with “double-digit figures”. The government administration cited …
Georgia has been ranked 13th among the United States, Great Britain, China and the world’s major economies in Bloomberg Media’s recent ranking for investor interest, Georgian economy minister Levan Davitashvili said. …
The Georgian Government will officially unveil its 2030 development strategy for the country in the coming days after approving the document, Georgian Prime Minister Irakli Garibashvili said while announcing the document involved focus on …
Georgian Prime Minister Irakli Garibashvili said Georgia’s average real Gross Domestic Product increase of 10.3% between January and July was an “unprecedented economic growth worldwide”. Speaking at the cabinet …
Georgia exported a record $540 million of goods in July, marking a 40% increase compared to the same month of 2021, the country’s Prime Minister Irakli Garibashvili said at a Government meeting. The PM’s highlighting of the …
