Ministry of Finance Sells ₾50 Million in Treasury Bills
On January 6, 2025, the Ministry of Finance of Georgia successfully sold ₾50 million worth of 6-month treasury bills, equivalent to $17.8 million USD
Georgian Airports Handle Over 7.4 Million Passengers in 2024, a 24% Increase
In 2024, Georgian airports collectively handled 7,425,399 passengers across 31,937 flights, marking a significant 24% increase in passenger numbers and a 25% rise
Georgia to Launch First Electricity Storage System with 355 Million GEL Investment
Georgia is set to implement its first electricity storage battery system, with the initial phase scheduled for 2025 and the project expected to continue through the end of 2028.
GITA Allocates €1.8 Million to Armenian TUMO Center for Training Facility in Kutaisi
The Georgian Innovation and Technology Agency (GITA) has signed a €1.8 million simplified contract with the Armenian company TUMO
Davit Narmania: "The Sustainability of the Energy Sector is a Matter of Paramount Importance for our Country."
Chairman of the Georgian National Energy and Water Supply Regulatory Commission, Davit Narmania, has shared a post on social media regarding key trends in the energy sector:
Czech Republic Allocates €230,000 to Support Georgian Civil Society and Independent Media
The Czech Republic has announced an allocation of €230,000 in emergency assistance to support Georgian civil society and independent media.
Goga Melikidze Departs Pension Agency for Private Sector Role
As of December 2024, Chief Investment Officer Goga Melikidze has officially stepped down from his position at the Pension Agency.
New Tskaltubo 500 Substation Opens, Project Cost ₾19.6 Million
A new substation, "Tskaltubo 500," has been inaugurated in Tskaltubo, marking a significant milestone in the development of Georgia's power grid.
UK Suspends Bilateral Cooperation with Georgia Amid Rising Concerns
The United Kingdom has announced a suspension of several cooperative initiatives with the Georgian government, citing unacceptable violence and political instability