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Daily Archives: February 8, 2018

The City Hall to Bring 100 New Buses in Tbilisi This Year

Tbilisi City Hall will bring 100 new buses this year. According to the Mayor of Tbilisi Kakha Kaladze, the yellow buses park became obsolete and poses a threat to the ecological situation in the city. “During the pre-election period we were actively discussing that it is necessary to regulate public …

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NBG Forecast: Economics Growth to Be around 4.5% in 2018

According to the National Bank forecasts, real GDP growth in 2018 will be around 4.5% thanks to positive contribution from net exports, consumption and investments, as a result of currency inflows from abroad, improvement of business moods and capital expenses of the state budget. Despite the mentioned improvement, according to …

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GEL Resource Rises in Value

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Interbank currency market has shrunk, as a result of contraction in GEL resource turnover. Turnover made up 7.36 billion GEL (-400 million month on month and – 4 billion year on year). Monthly turnover of foreign currency rose by 500 million GEL. According to the Monthly Report by NBG, the …

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