Economy

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.

Rumsfeld Fellowship Program – Leadership Lessons For Young Leaders Committed to Making a Difference

The Rumsfeld Fellowship program is an innovative exchange program for young leaders from Central Asia, the South Caucasus, Mongolia and Afghanistan.

Prices on Food and Non-Alcoholic Beverages Keep Increasing in Georgia

According to TBC Research, Price hikes are expected to slow down in the future. Prices on food and non-alcoholic beverages were up by 5.7% in 2018 compared to 2017, and grew further by 4.4% in 10 months of 2019.