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Daily Archives: November 24, 2016

First Corn Oil Factory to be Opened at the Beginning of Next Year

First corn oil factory will be opened in Georgia at the beginning of next year. The project is implemented by company “Kolkha” together with Partnership Fund. The factory was build in Khobi and it will receive raw materials from locals. According to the head of “Kolkha”, Giorgi Bukia, half a …

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Monetary Fund to Decrease Forecast of Economic Growth in Georgia

“Considering decreased global economic growth, Georgian economy demonstrated steadiness and continues to recover from external shock, however it is a slower process than it had been planned beforehand”- declares Monetary Fund in its press release.  Realistic growth of GDP equals to 2.7% whereas inflation equals to 2%. Next year, economy …

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