Georgian party and Irish low-budget airline Ryanair formed an Agreement on Cooperation.
According to the Geostat’s initial estimates exports of goods posted a strong 17.4% YoY growth in USD terms. Increase stood at 22.0 and 37.6% YoY when measured in EUR and GEL, respectively.
On the instruction of the Ministry of Economy and Sustainable Development of Georgia, specialists of the Civil Aviation Agency will study the possibility of arranging helicopters throughout Georgia.
Anaklia Development Consortium confirms that American Conti Group has left the project. The information was confirmed by Levan Akhvlediani, executive director for the consortium.
On August 15 Geostat, the national statistics service of Georgia, has updated the official cost of living report, under which in July the cost of living slightly declined and the figure for a five-member family made up 373 GEL.
According to Geostat, the national statistics service of Georgia, the second quarter of 2019 recorded 13.4% upturn in international visits of nonresident travelers (2.2 million) as compared to the same period of 2018.
Natia Turnava, Minister of Economy and Sustainable Development, met Todd Bauer, an official at Bloomberg Media Group representative in the global markets.
According to the report on the implementation of the Tbilisi budget for 2019, the 6-month plan for budget revenues exceeded 106.3% and amounted to 483 million 98 thousand GEL.
In the third quarter of 2019, Georgian economic climate has worsened rapidly.