According to Geostat, in IV quarter 2018 year the unemployment rate increased by 0.1 percentage point compared to the previous quarter and equaled 12.3 percent.
Poultry farm construction works in the village of Metekhi, Kaspi municipality, will start in spring 2019. The farm will supply 250 tons of chicken meat to the market starting September 2019, LLC GLC director and founder Giorgi Verulashvili told BM.GE.
The country has met the process of pension system reformation unprepared, Zurab Lalazashvili, a managing partner for BDO, noted. The pension agency must be staffed with qualified specialists to successfully implement the reforms, he said.
Georgia and Ukraine have agreed to provide their citizens the opportunity to travel between the two countries without a passport, only using ID-cards that contain a contactless electronic carrier. The agreement will be effective from March 1, 2019.
According to GALT & TAGGART’s prediction, Georgia’s income from tourism will amount to $ 3.6 billion in 2019.
Free Trade Agreement between Georgia and Hong Kong became effective from February 13 this year.