Economy

Money Transfers in July Rise by 22.1%

In July 2020, the volume of money transfers from abroad constituted 188.7 million USD (578.0 million GEL), which is 22.1% (34.2 million USD) more than the amount in July 2019, reported National Bank of Georgia (NBG).

Farmers to Pick about 55,000 tons of Hazelnuts in 2020

Farmers in Samegrelo Region have started picking hazelnuts.

Diesel Imports Grow in January-July

As noted by the Union of Oil Products Importers, in July 2020, Georgia imported 110,400 tons of petrol and diesel, up 11,400 tons

Tbilisi to Have 10 Newly Renovated Metro Stations

Ten metro stations of the Tbilisi metro system will be renovated with the financial support of the European Bank for Reconstruction and Development (EBRD), Tbilisi Mayor Kakha Kaladze has announced.

Gomismta – How to Develop the Resort

The Government has launched a system registration of lands in Gomismta.

Khashuri Bypass Road to Open in the Second Half of August

The construction of the Khashuri bypass road, which is part of the East-West Expressway (E60) as part of the Upper Osiauri-Chumateteli project, is nearing completion.

Georgian Olive Oil Replaces 22% of Imports

“Georgian Olive Oil has replaced 22% of imports”, Giorgi Svanidze, founder of the Georgian Olive Company told the Business Partner TV Program.

Road Department to Spend GEL 52 million on Rehabilitation of Zugdidi Streets

Under the Government’s resolution, the Road Department of Georgia started rehabilitating local streets in Zugdidi, namely, Sokhumi, Rustaveli, Aghmashenebeli, and L. Beria streets.

State to Cover 6 Months of Interest on Agriculture Loans

Under the Care for the Village and Farmers anti-crisis agricultural program, farmers and entrepreneurs enjoy significant assistance from the state.