Economy

Georgian Dream Party Moves to Impeach President Over Unauthorized Foreign Visits

Today, the political council of the Georgian Dream party resolved to initiate impeachment proceedings against Salome Zurabishvili, the President of Georgia.

Georgian Railways Allocates 54.9 Million GEL for Advanced Freight Wagons

Georgian Railways has initiated a competitive tender with a budget of 54.9 million GEL to acquire 300 state-of-the-art freight wagons.

Georgian Pension Agency Ventures into High-Risk Portfolios Featuring Tech Giants Like Apple, Google, and Samsung

Goga Melikidze, the Senior Investment Officer of Georgia's Pension Agency, elaborated on the agency's investment strategy at a meeting held at the National Bank today.

Record Electricity Exports Boost Georgia's Revenue by $80 Million in First Seven Months of 2023

In an unprecedented surge, Georgia has set a new record in electricity exports for the first seven months of 2023. According to official data, the country exported a total of 1,140.7 million kWh from January to July.

The Enguri Hydrology Initiative - A Project for Sustainable Development

Georgia is a country rich with natural resources. Among them, water plays a vital role in drinking, sanitation, agriculture, industry, transportation and, of course, hydropower generation.

I am Proud to Be an Agronomist Who is Trying to Develop his Country" - Jimi Chkheidze

Nestled in Kakheti, near the village of Udabno, a sprawling almond orchard stretches over 27 hectares.

$38.8 Million Allocated for New Substation in Svaneti

The "Georgian State Electric System", in collaboration with "Bemoni-Yeos", recently announced the development of a state-of-the-art substation in Svaneti's Mestia municipality.

Georgia Reevaluates Belavia Operations Amid U.S. Sanctions

Following the extension of U.S. Treasury sanctions against the Belarusian government over alleged 2020 election fraud, Belarus' national airline, Belavia.

Increased Wildfire Risk Due to Rising Temperatures

The Ministry of Internal Affairs' Emergency Situations Management Service has issued a statement warning of heightened temperatures throughout the country this week.