IMF: Georgia’s Economic Growth is Projected at 4.6 percent in 2019

An International Monetary Fund (IMF) team, led by Mercedes Vera-Martin, visited Tbilisi during February 20-26, 2019 to discuss recent economic and financial developments and progress with structural reforms.

EU Launches Rural Development Project in Akhmeta Municipality

Last week, the EU launched a new rural development project in the Akhmeta municipality of Georgia. Entitled “Promoting Inclusive and Participatory Local Development in Akhmeta Municipality".

The Number of Employees Exceeds the Number of Self-Employed, for the First Time in Georgia

According to early indicators from Geostat, the national statistics service of Georgia, in the fourth quarter of 2018, the unemployment rate in Georgia rose by 0.1%.

Government Allocates 4 million GEL for Technical Assistance of Farmers

Government of Georgia has approved a new program to ensure co-funding of mechanization process for farmers in Georgia.

Prices and Georgia’s Karma

Over the past period, the current developments in the Georgian finance sector were being widely discussed in our society.

Mercedes Vera-Martin: Fitch’s Rating Proves Sustainability of Georgian Economy

At the meeting with Georgian officials the IMF mission positively appraised the fact that Fitch Rating international rating company has improved Georgia’s sovereign credit rating from BB- level to BB level with the outlook of Stable.

Levan Surguladze: Pensions Contributions are Safer than Other Assets

Interview with Pension Agency Chief Levan Surguladze

After 27 Years – Retirement Age and Pensions in Post-Soviet Countries

There were times, when the same pension amounts were paid in all republics of the Soviet Union. What has changed in 30 years? How much pension is paid today? What is the retirement age in Post-Soviet space?

Fitch Upgrades Georgia’s Sovereign Rating to ‘BB’

Fitch Ratings has upgraded Georgia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB’ from ‘BB-‘. The Outlook is Stable.