Economy

In September, Exports Rose by 1% and Imports by 10%

Geostat has released a preliminary foreign trade report for September. The report indicates that Georgia exported goods worth $528 million to international markets last month

Revamping Public Procurement: New Reforms Set to Strengthen the State and Business Ecosystem

With backing from the USAID Economic Governance Program, a forthcoming law set to take effect in 2025 will bring transformative changes to public procurement in Georgia.

Tornike Revishvili: Shaping an Environment Conducive for the Derivative Market is Our Present Focus

"Shaping an environment conducive for the derivative market is our present focus," remarked Tornike Revishvili, Chief Specialist of the Financial Markets Department at the National Bank. 

Launch of the Fifth Stream of the Acceleration Program: A Collaboration between 500 Global, Bank of Georgia, and GITA

500 Global, a venture capital firm rooted in Silicon Valley, has orchestrated the initiation of the fifth stream of its prestigious startup acceleration program in Georgia,

Showcasing Innovation and Learning: The “Agro Project” Results Presentation and Agro Job Fair 2023

On September 12, the Agrarian University of Georgia played host to the unveiling of the “Agro Project” results and the concurrent Agro Job Fair 2023.

Kutaisi International Airport Celebrates Milestone with Arrival of Millionth Passenger

Kutaisi International Airport recently celebrated a milestone, warmly welcoming its millionth passenger of the year, Peter Gotzinger, a 36-year-old German citizen.

USAID-Supported New Tourism Law Bolsters Tourists' Rights and Aligns with EU Requirements

The USAID Economic Governance Program, in collaboration with grantee organization PMO Consulting, has unveiled a comprehensive cost-benefit analysis on proposed tourism reforms.

Georgia's Central Election Commission Allocates ₾54 Million for Advanced Voting Technologies From Smartmatic

The Central Election Commission (CEC) of Georgia has selected Smartmatic International Holding for the acquisition of specialized vote counting and voter verification equipment.

Georgian Government to Compensate Kakheti Residents Affected by Recent Natural Disaster

In response to the devastating natural disaster that recently swept through the Kakheti region, the Georgian government has pledged financial aid to affected residents.