Economy

Georgian Engineers Preparing to Run Shuakhevi Hydropower Plant (HPP)

As the Shuakhevi HPP, one of the largest energy projects in Georgia, is reaching the final stage of construction, the project team is preparing to start the test operation. 

EBRD and Partners Deepen Green Finance in Georgia with 54 Million Investment

Intensifying the effort to strengthen Georgia’s energy efficiency, the EBRD is launching a new Green Economy Financing Facility (GEFF) for the country.

Finance Minister: Education Sector to Spend 1.9 billion GEL in 2020

About 1.9 billion GEL will be spent in the education sector in 2020, Finance Minister Ivane Machavariani noted at the parliament’s budget hearings.

Raging Inflation and Countermeasures

FDI inflow contraction, limited crediting in USD, and inefficient management of public expectations are key factors provoking the depreciation national currency

How Prices of Georgian Railway and GOGC Bonds Change Week on Week

Value of bonds of Georgian state-owned companies have slightly declined at London Stock Exchange week on week.

Georgian Stock Exchange Capitalization Amount to 946 million GEL

The Georgian Stock Exchange (GSE) capitalization has risen to 1.946 billion GEL, according to GSE.GE official website.

Pension Agency Director to Quit Position in January

Pensions Agency director Levan Surguladze plans to quit the position on January 16. The information was confirmed by Levan Surguladze at the December 9 news conference.

Health Minister Finds it Unacceptable to Treat Health Sector as Business

It is unconvincing assertion that clinics in Georgia bear losses

Oil Refinery Factory to be Built in Georgia

Several meetings have been held with Senior vice president of Evolve Mr George Karstein Irvine and David Laury Managing director of SAVM-SABA.