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Tag Archives: georgia

How New Government of the City Plans Spend its Budget?

Last week the 2018 municipal budget bill was sent to the Tbilisi Council with significant amendments. As reported, the new Mayor recalled the 2018 municipal budget bill submitted by previous Mayor David Narmania from the Council. Contrary to the initial variant of the bill, the new variant has increased by …

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PASHA Bank sponsored third CEO Lunch Tbilisi and Business Forum

PASHA Bank sponsored third CEO Lunch Tbilisi and Business Forum

On December 15th Caspian European Club and Caspian Energy Georgia held Azerbaijan-Georgia Business Forum and the third CEO Lunch Tbilisi with the support of PASHA Bank and the Embassy of the Republic of Azerbaijan to Georgia. Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Georgia Dursun Hasanov, State Governor of …

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New Year Tariffs at Hotels in Georgia

The New Year is coming and Georgia-based hotels have introduced New Year evening packages. The Business Course has contacted several hotels to inquire the current offers and tariffs. In Kakheti the New Year package for 2 persons at Lopota Resorts is worth 590 USD. The package includes a gala dinner …

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Georgia Among Three Countries With the Largest Number of Bitcoin Miners

Georgia has been listed among three countries with the largest number of Bitcoin miners in the world. Bitcoin mining is a process that both adds transactions to the cryptocurrency blockchain ledger but also unlocks new Bitcoins into the system. The process involves using computer power to solve complex mathematical puzzles. Bitcoin …

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(D)Effective Policy of Energy Sector

Andria Gvidiani

Growing demand for power supply and seeking new sources to satisfy this demand remains one of the key challenges worldwide. Rising number of population, economic advancement and other factors create preconditions for a continuous growth in demand for electricity and, energy, in general. Everybody agrees that the mentioned process is …

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The IMF Expects to Mobilize FDI in Tradable Sectors

The IMF Expects to Mobilize FDI in Tradable Sectors

The International Monetary Fund (IMF) expects to mobilize Foreign Direct Investments (FDI) in tradable sector. Georgia continues to promote trade integration. Free Trade Agreements (FTAs) will help mobilize FDI in tradable sectors, improve competitiveness, reduce external imbalances and generate more balanced growth, – the IMF declared, which recently completed the …

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Georgia Receives $42,4 Million From IMF

The Executive Board of the International Monetary Fund (IMF) completed the First Review of Georgia’s performance under the three-year extended arrangement under the Extended Fund Facility (EFF) on a lapse of time basis. The completion of the review enables the release of SDR 30 million (about $42.4 million), bringing total …

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