Economy

Economy Minister: Negotiations are underway with Baltic Countries on Air Traffic Resumption

Today I talked with the Transport and Communications Minister of Lithuania and discussed the prospects how quickly we can restore air traffic between our countries

Lisi Surrounding Earth Roads Rehabilitation Project in Active Phase

Cost of the ongoing,  EIB-backed project averages GEL  13 million. 

SOCAR to sell Diesel Cheaper to Georgian Farmers

A contract has been signed between the Ministry of Agriculture of Georgia and Socar Georgia Petroleum.

Over 20 Airlines Express Readiness to Resume Flights to Georgia Gradually

As the Minister of Economy and Sustainable Development Natia Turnava stated today, about 20 airlines have already expressed their desire to resume flights.

TBC Capital Predicts Possible Scenarios for Georgian Economy

According to the basic scenario, the economy will shrink by 4.5-5.5% in 2020 and grow by 4-5% in 2021, according to a study by TBC Capital, "The Impact of COVID-19 on the Georgian Economy."

Government to Allocate 37 million GEL to Land-poor Farmers

The Government of Georgia will allocate 37 million GEL to assist land-poor farmers. On the whole, the assistance will be issued to about 200,000 farmers. The program implementation will start on May 20, 2020.

Georgian Airways Intends to Restore All Regular Flights Operated Before Pandemic

Georgian Airways intends to restore all the regular routes on which COVID-19 operated before the pandemic.

Debts for Amelioration Services will be Completely Written off to 42,000 Farmers

It refers to the debts which were formed in 2012-2019. for land amelioration services.

Bezhan Tsakadze: Georgia must Turn the Defeat of COVID-19 into a Brand

The founder of the construction company GDG + believes that the state has effectively fought against Cornavirus, and these results should make it a brand for the new tourist season.