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Tag Archives: Giorgi Kvirikashvili

Education Reform is Started in Georgia

Education Reform is Started in Georgia

Georgian Prime Minister, jointly with Minister of Education, announced launch of education reform in Georgia. According to the explanations given by the Prime Minister of Georgia, this initiative is entirely oriented towards the rapid development and advancement of the country. “Education is core to the development and progress in any …

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PM: BTK Railway to be Commissioned in 1Q2017

PM: BTK Railway to be Commissioned in 1Q2017

The Baku-Tbilisi-Kars (BTK) railway will be put into operation in the first quarter of 2017, said Turkish Prime Minister Binali Yildirim. Yildirim made the remarks during a meeting with his Georgian counterpart Giorgi Kvirikashvili, the TRT Haber news channel reported Dec. 20. The Turkish prime minister noted that the BTK …

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The MP Discussed Cooperation Prospect with China Tianchen Engineering Corporation

The MP Discussed Cooperation Prospect with China Tianchen Engineering Corporation

Georgian Prime Minister Giorgi Kvirikashvili met today with representatives of the China Tianchen Engineering Corporation (TCC). The parties discussed Georgia’s investment potential and prospects of cooperation. At the meeting, the growing dynamics of the economic and investment relations between Georgia and China were emphasized, and the importance of the free …

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Georgia to receive 450 mln EUR from EIB

Georgia to receive 450 mln EUR from EIB

European Investment Bank (EIB) will allocate 450 million Euros to Georgia for the development of road infrastructure, agriculture as a sector and production in agriculture at large. It was noted at the meeting of Mr. Jan Vapaavuori, Vice President of EIB with H.E. Giorgi Kvirikashvili, Prime Minister of Georgia today. …

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A New Business Center to Open in Tbilisi

Prime Minister, Giorgi Kvirikashvili congratulated business association members on opening modern business center equipped with European standards and expressed his hope that it will become a base for interesting ideas and bring more investment in the country and help to fast economic development. “Exactly now, it is a moment, when …

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Content Borrowers, Discontent Economy: Government to Carry out Radical Reforms

Last week, at a government meeting, Prime Minister Giorgi Kvirikashvili noted that quick economic growth could not be achieved without radical decisions. He also expressed hopes that the Georgian society would meet new reforms with understanding for attaining economic breakthrough and progress. The reforms are approved by international organizations, the …

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Development Companies Dissatisfied with the Government’s Initiative

Development Companies Dissatisfied with the Government's Initiative

Some construction companies say the government’s initiative will be impediment to the real estate market development – in particular, the obligation to use the national currency in advertising primarily byconstruction companies which specify property prices only in dollars – including in ads. “A construction company can indicate the price per …

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Georgia To Ban Online Credit Services

Giorgi Kvirikashvili

According to the Prime Minister of Georgia, Giorgi Kvirikashvili, issuing online credits will be banned in the county. “Together with National Bank of Georgia, we are working on Consumer Rights law, and online credit services will be banned. I think it will have medium and long term effect”.

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Loans Till 100,000 Laris Will be Issued only in GEL

Lari GEL Loan

From January 2017, small loans equaling 100 000 laris will be issued only in GEL. Georgian PM Giorgi Kvirikashvili announced. In addition loan limit will increase till 200 000 GEL. According to him, a new commercial law will be introduced soon which will make inevitable to publish prices of goods and …

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