Economy

Imports of goods decreased by 19.3% - TBC Capital

Imports of goods decreased by 19.3% year on year, largely due to the decline in imports of transport equipment (-35.0% y / y) and oil products (-33.4% y / y).

Georgia’s Foreign Debts Rise to GEL57.3 billion as for June 30, 2020

Georgia’s foreign debts marked $18.8 billion (GEL 57.3 billion) as for June 30, 2020, that is, 111.5% in the annual GDP.

TBC Bank is Leader – Rating of Commercial Banks in terms of Assets

Assets of commercial banks have shrunk by GEL 197 million to GEL 50.98 billion (in the current prices).

EBRD and FAO to Assist Georgia in Agro Tourism

EBRD and FAO have put forward a new initiative for the Georgian tourism industry promotion.

Supervisory Capital Growth Obligation Postponed

The obligation on insurance companies for growing the supervisory capital has been postponed for the end of 202

EU4Energy High Level Policy Talk tackles implementation of the Law on Energy and Water Supply in Georgia

EU4Energy Governance hosted online a high-level policy discussion and technical meeting to take stock of the current status and to facilitate the implementation of the Law on Energy and Water Supply and related legal acts and market reforms.

Newly Appointed Minister of Foreign Affairs of Azerbaijan Visited Georgia

Giorgi Gakharia, Prime Minister of Georgia met Jeyhun Bayramov, Minister of Foreign Affairs of the Republic of Azerbaijan today.

East Fruit: Georgia Beats Blueberry Exports Record in 2020

The Russian Analytical Platform East Fruit.ge that analyzes fruit and vegetable markets of Eastern Europe has published a vast article on the export potential of Georgian blueberry.

Construction of Multifunctional Sports Complex and Swimming Pool Near Completion in Poti

The construction of a multifunctional sports complex and swimming pool is nearing completion in Poti.