Economy

Zurab Dznelashvili Ends Public Service Career, Moves to Private Sector

Zurab Dznelashvili has officially stepped down from his position as Advisor to the Minister of Finance of Georgia, marking the end of his 20-year career in the public sector.

S&P Global Ratings: Georgia’s Banking System Remains Stable

International rating agency S&P Global Ratings has reaffirmed Georgia's sovereign credit rating at BB, maintaining a stable outlook.

Gas Supply Restoration Underway for 150,000 Subscribers in Vake-Saburtalo – Tbilisi Energy

The restoration of gas supply for up to 150,000 subscribers in Vake-Saburtalo has begun in stages following the repair of a damaged 500 mm central gas pipeline, Tbilisi Energy announced.

Tbilisi Airport Expands and Upgrades Aerodrome Infrastructure with ₾6.5 Million Investment

Tbilisi International Airport has undergone significant infrastructure improvements, with TAV Georgia investing ₾6.5 million in new aircraft stands and the rehabilitation of existing ones.

Georgia Strengthens EU Ties with Black Sea Submarine Cable Project – Jubo Turashvili

The Black Sea Submarine Cable Project will not only enhance Georgia’s energy infrastructure but will also establish the country as a direct partner of the European Union

Davit Narmania Delivered a Public Lecture to Students from Multiple Universities

Professor Davit Narmania, Chairman of the Georgian National Energy and Water Supply Regulatory Commission (GNERC), delivered a public lecture to students from several universities, covering the specifics of GNERC's activities and regulatory matters.

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.