German KFW to Allocate 90 Million Euros to Georgia
Georgia will receive €90 million in financial assistance from the German government-owned development bank to help the country’s reforms in the energy sector.
Another Stage of Construction at New Passenger Terminal of Kutaisi Airport Completed
Work on the facade, stained glass and roof arrangement of the new passenger terminal of Kutaisi International Airport has been completed.
How Government’s Co-Funding May Change Mortgage Loan Interest Rates
Government of Georgia introduced the anti-crisis plan for real estate sector promotion. The program calls for providing a state co-funding component for mortgage loans for a period of 5 years.
Austrian-made Trucks Undergone Major Repairs
Georgian Railway uses modern Austrian-made trucks for capital and current maintenance of the railway.
ADB $100 Million Loan to Mitigate Adverse Health, Economic Impacts of COVID-19 in Georgia
ADB has approved a $100 million loan to help the Government of Georgia contain the spread of the novel coronavirus disease pandemic, mitigate the impact on businesses, and protect the livelihoods of the most vulnerable, including women and children.
Prime Minster: over 65,000 Companies Used to Operate amid State of Emergency
More than 65,000 companies were operating amid the state of emergency, Georgian Prime Minister Giorgi Gakharia noted when delivering his speech at the Parliament on May 27.
Government to Cut Budget Costs by 600 million GEL
Today we have the following budget parameters: budget revenues will shrink by about 1.8 billion GEL,
Gov't to Subsidise Mortgage Loans By the end of 2020
While presenting a report on coronavirus in the Parliament, Prime Minister of Georgia Giorgi Gakharia said: “a specific plan had already been created for developers and builders.”