Georgia to Attract $112.1 million from IMF
Georgia is expected to attract $112.1 million (SDR 79 million) from the International Monetary Fund (IMF).
Georgia’s State Debt Ratio in GDP to Exceed 60% by Consent of IMF
The Government of Georgia and the International Monetary Fund (IMF) have achieved agreement to expand Georgia’s borrowing limits in response to the current economic crisis.
US Secretary of State Mike Pompeo to Visit Georgia
Georgia welcomes U.S. Secretary of State Mike Pompeo’s forthcoming visit to Georgia scheduled for 17 and 18 November.
Construction of Animal Shelter in Gurjaani Municipality Completed
The Municipal Development Fund of the Ministry of Regional Development and Infrastructure has completed the construction of an animal shelter in Gurjaani.
Citrus Harvest to Reach 40,000 tons in 2020; Orange Harvest Underway
Citrus picking will start on November 20. As the Adjara Agriculture Minister told Business Partner, the forecast harvest indicator is 40,000 tons. “Including nonstandard mandarin will hit 6-7 thousand tons.
Train Schedule Changed Due to New Restrictions
Due to the new traffic restrictions in seven big cities of Georgia from 22:00 to 05:00, the Georgian Railway is changing the schedule of trains.
Ryanair Remains on the Georgian Air Market
Irish low-cost airline Ryanair remains in the Georgian air market.
Georgian Airline Myway Airlines has New Owner
Georgian airline Myway Airlines has a new owner. Plus Aviation Investment owns 100% of the airline.
John Braekeveldt: Freight Traffic between Europe and Georgia should Be Simplified
Logistics Hub – Georgia – this project is being discussed in Georgia 10 years ago, but no real steps have been taken yet, John Braekeveldt, chairman of the Board of European Business Association Georgia (EBA Georgia), noted.
