Economy

Medicines in Georgia Risen in Price by 57-110% in Five Years

During the last five years, the price of medicines in Georgia has increased by 57-110%.

Georgia and Japan Sign Double Taxation Avoidance Agreement

tarting now, the Georgia-Japan agreement on double taxation avoidance is based on a new legal framework document.

Oil Bitumen Imports Decline, LPG Imports Rise

Georgia’s oil bitumen imports in September 2020 marked 17,6 thousand tons, up 2,000 tons (+12.8%) as compared to the August indicators (15,600 tons) and down 2,400 tons (-12%) compared to the same period of 2019 (20,000 tons).

Georgia to Export 300 Tons of Fresh Pinecones to EU Market

Georgia will export about 300 tons of fresh pinecones to the EU market in 2020. Farmers have already finished collecting pinecones in Racha Region.

First Electric Buses to Run in Batumi Starting from Today

The city of Batumi is the first city in Georgia to have electric buses. The new public transport vehicles are in operation starting from today.

Qatar Airways, LOT, Aegean Airlines and Ryanair to Resume Regular Direct Flights in Georgia

Following Lufthansa, Air France, airBaltic, and Wizz Air, regular direct flights on the Georgian air market will be resumed by Qatar Airways, LOT Polish Airlines, Aegean Airlines, and Ryanair.

New Aircraft Assembling Enterprise Opened in Tbilisi

Minister of Economy and Sustainable Development Natia Turnava, together with Minister of Defence, Irakli Garibashvili, took part in the opening ceremony of a new aircraft assembling enterprise.

Ten Cities, where Georgia will Restore Regular Direct Flights

In order to prevent COVID-19 spread, the Government of Georgia plans to lift restrictions on regular directs flights in stages.

PM: We Won't Impose Another Lockdown for the Sake of Country's Economy

We will no longer impose a lockdown. There is no need for this and it will hit hard country's economy,- said the Prime Minister of Georgia Giorgi Gakharia after the meeting of the Interagency Coordination Council on Coronavirus.