Economy

Shuakhevi Hydro Power Plant Commences Commercial Production

Shuakhevi Hydro Power Plant (HPP), has started commercial production of electricity.

EUROCONTROL Delays Air Traffic Tax for Airlines Publishing Deferral Schedule

EUROCONTROL member states have agreed on a € 1 billion financial package to defer airfare to airlines.

Challenges in Logistics Sector

The global crisis amid the pandemic and current challenges in the logistics sector – Giorgi Doborjginidze, director of the Logistics Association, discussed the mentioned issues for Business Partner TV program.

Shane Rosenthal: Region's Economy will Suffer Between USD 60 to USD 297 Billion Due to Pandemic

According to Shane Rosenthal, the Permanent Representative of the Asian Development Bank in Georgia, the region's economy will suffer between $ 60 billion and $ 279 billion due to the current pandemic.

Maritime Transport Agency: Seaports Continue 24/7 Operation

The coronavirus pandemic has reaffirmed that maritime transport remains the backbone of the international trade

Twenty-four HPPs to Launch Operation in 2020

Twenty-dour (24) hydro power plants (HPPs) will be put into exploitation in 2020, as part of the 10-year plan for developing the electricity transmission grid of Georgia.

Mobile Markets to be Arranged In Imereti

Administration of Imereti works on the alternatives of agrarian markets.

Georgia should Attract Maximum Financial Resources from International Institutions for Economic Rehabilitation

The global economy is entering the crisis phase amid the coronavirus pandemic. This process primarily damages developing countries, including Georgian economy.

We Should Either Assist Business and Exempt it From Taxes or Collect Taxes and Replenish the Budget

In this situation, the consumption has declined, unemployment has increased and the state budget supposedly will have problems in terms of tax incomes.