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Daily Archives: September 8, 2016

National Bank Lowers Monetary Policy Rate to 6.5%

National Bank Lowers Monetary Policy Rate to 6.5%

The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on September 7, 2016 and decided to reduce the refinancing rate by 25 basis points to 6.5 percent. The monetary policy decision is based on the macroeconomic forecast, according to which the phasing out of tight monetary …

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Georgian Students Apple Chips Soon to Be Produced in Factory

Apple Chips

Georgian Students of Agricultural University launched Apple chips in this February and since then they were planning to have a small factory that could produce their chips, recently in the frames of StartUp Georgia they did receive money do construct the factory. Three students; Shalva Mdzinarashvili, Nona Noniashvili and Tamar …

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