GNERC Introduces Changes to Water Consumption Tax Bill for Guesthouses

GNERC plans to introduce a new system of calculating water consumption tax for guesthouses, the commission chairperson Irina Milorava noted. 

TBC : We are Looking for Guarantee Mechanisms

Nothing threatens the Anaklia project, - Badri Japaridze, co-founder of TBC Bank, said after a meeting held at the Ministry of Finance.

Container Shipments from China to Europe Increased by 50%

Cooperation in the field of transit and transportation between Georgia and China was discussed at the meeting at the Ministry of Economy and Sustainable Development.

Natia Turnava and Elizabeth Rood Discussed Georgia-USA Economic Relations

Minister of Economy and Sustainable Development, Natia Turnava and the USA Charge d’Affairs in Georgia, Elizabeth Rood held a working meeting on the issues of economic relations between the United Stated and Georgia.

Minister of Finance: GEL Rate Falls to 2.80 Point, but There is no Inflation Pressure

GEL exchange rate deprecation is driven by external factors, Minister of Finance Ivane Machavariani told reporters.

Changes to Take Place in Georgia-Ukraine Free Trade Agreement

Changes will be made to the Georgia-Ukraine free trade agreement. Changes will be signed by Natia Turnava, Minister of Economy of Georgia, who is visiting Ukraine.

German solar Energy Module Manufacturing Plant Opened in Kutaisi

As noted by the Head of Government of Georgia, it is important that country is focused on the hi-tech production and manufacturing of solar energy modules is indeed such enterprise.

Will Enforcement of Regulations will Raise Tariffs on Taxi Services

Taxi drivers are obliged to drive taxis painted white color starting on October 1, 2019.

Production Price Index Grows by 5.7%

In April 2019 the production price index of in industrial sector rose by 0.2% month on month and by 5.7% year on year.