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Tag Archives: georgia

How Troublesome is the Size of the State Debt?

According to the latest indicators, Georgia’s state debts hit 17.539 billion GEL. This signifies obligation per capita in Georgia constitutes about 4700 GEL. If we exclude pensioners, socially vulnerable citizens and underage children, who do not pay taxes, then the liability per taxpayer will be about 9341 GEL, which is …

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How Much should Fuel Cost in Reality?

Oil Prices Plunge Worldwide, Georgian Oil Product Importers Gain Colossal Profits. Oil prices are plunging worldwide. Global exchanges have been recording from plummeting oil prices over the past 3 months. In the aforementioned period, prices have declined by 35% on average. In September, the price of one barrel of WTI …

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The Nature of the Georgian Economy in 2018

The past year should be appraised as a positive period for Georgian economy, against the background of problems in previous years. First of all, we should mention an about 5% economic growth, however, more optimistic forecasts were released in the middle of 2018. Namely, International Monetary Fund (IMF) forecast 5,5% …

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Civil Society Organizations Shape Public Administration Reform in Georgia

Sixteen innovative initiatives from 12 leading civil society organizations were on display at a “CSO Fair” organized today by the Government Administration, with support from the United Nations Development Programme (UNDP) and UK Aid, to showcase civic engagement in the ongoing reform of the country’s public administration. CSO proposals focus …

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Visit Chateau Mukhrani and Discover Lots of Novelties

The one of a kind, sophisticated race of the Chateau Mukhrani premium wine will become your time machine and take you on a journey to the 19th century. You will feel yourself a part of the time when after a trip to France one of the Bagration dynasty, Ivan Mukhranbatoni …

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5 Best Hotels in Georgian Regions

5 Best Hotels in Georgian Regions

Georgia has already claimed its place on the world map as an important and valuable tourist destination. Each region in our small country has its importance, sights, history, and culture. Thus, each corner is full of discoveries for tourists. Georgia’s special climate gives travelers the possibility to enjoy our nature …

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Spend Sweet November with Your Sweetheart in Georgia Palace

Spend Sweet November with Your Sweetheart in Georgia Palace

The cold-covered autumn season is coming to an end. People who like sun and warmth try to spend golden November days in a special way and get their last portion of sunshine to meet winter in full armor. The period of transitional colours is often referred to as Sweet November …

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The Ski Resort Gudauri is Adding Six New Lifts

The ski resort Gudauri is rebuilding one of its lifts and is installing three new lifts by renowned companies Doppelmayr and Poma. These lifts will increase the skiers uplift capacity by 3.5 times and help in reducing queues. As a result of this, the ski area will be expanded with …

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Electricity Sector of Caucasus – Short Sector Overview

Energy independence for every country is one of the most important challenges for economic, political and security reasons and countries from Caucasus region (Azerbaijan, Armenia and Georgia) are not the exception. According to Geostat, Armstat and stat.gov.az, average demand on electricity in these countries is constantly growing, but electricity consumption …

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Georgia takes 12th Place by Cost of Living among 117 Countries

Among the 117 countries, Georgia is in the 12th place by cost of living. Georgia has 30.14 points in the Numbeo’s portal ranking and it takes place between Algeria and Bangladesh. The cheapest living among the estimated countries is Pakistan, the most expensive in Switzerland. Summary of the data on …

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