SOCAR: Major Companies Failed to Timely React to Price Collapse on International Market
Global oil prices have shrunk three times amid the global pandemic.
Starting Price of the Courts at Former Hippodrome will be About 5 million GEL
The initial cost of the courts will be about 5 million GEL.
Levan Karanadze: Flight Tickets will be more Expensive, but Decreased Fuel Price will Balance it
Flight tickets are likely to rise in price, but this increase will be partly offset by lower oil fare, the head of the Civil Aviation Agency said in a statement on the airline's business plan.
Georgian Forest Nurseries to Introduce International Standards
Georgian nursery production should be brought closer to international standards, as evidenced by the Association Agreement with the European Union. The new quality standards will become mandatory for Georgian nursery farms from 2024.
Annual Inflation Rate Surges to 6.9%
The month of April recorded a 0.9% rise in monthly inflation rate, a 6.9% rise in annual inflation rate and a 4.6% growth in base inflation rate.
EBRD has Allocated $ 25 Million Loan to Georgia Healthcare Group
The European Bank for Reconstruction and Development (EBRD) has provided a $ 25 million loan to the Georgian Healthcare Group (GHG).
IMF Disburses $200 million to Georgia to Fight Coronavirus
The International Monetary Fund (IMF) approved allocation of USD 200 million in support to Georgia to help the country in struggle against COVID-19.
Government’s Anti-crisis Plan
How the business sector is enduring the new reality and how the public and private sectors are assisting the business sector
EBRD to Invest €75 Million in Modernisation of Tbilisi Metro
Supporting vital infrastructure is a key element of the EBRD’s response to the coronavirus pandemic, while the Bank also continues to prioritise green and sustainable investment.