Economy

Georgia and South Korea Initiate Economic Partnership Negotiations

Georgia's Ministry of Economy has announced the commencement of negotiations on an economic partnership agreement between Georgia and South Korea.

Georgian Farmers to Benefit from Enhanced Agricultural Insurance Program

The Rural Development Agency has announced changes to the country's agricultural insurance program. According to Natalia Kharatishvili, the agency's deputy director, farmers will now receive 70% co-financing instead of the previous 50%.

Georgia's First Cyclotron Center to Treat Cancer to Open in Kutaisi by Mid-2025

Georgia is set to become a pioneer in cancer treatment as it prepares to open the country's first cyclotron center for diagnosis and treatment of cancerous diseases in Kutaisi by mid-2025.

Over ₾200 Million Invested in Goderdzi Resort for Sustainable Development

An investment of over ₾200 million is currently being poured into the Goderdzi resort in Georgia, with more than 25 investment projects already approved and underway, according to the Minister of Finance and Economy of Adjara, Jaba Putkaradze.

Global Employers to Cut 83 Million Jobs by 2027: World Economic Forum Report

A report by the World Economic Forum has revealed that global employers plan to create 69 million jobs and cut 83 million by 2027. The findings highlight the impact of technological advancements, with 42% of tasks expected to be automated by 2027.

Georgia's Water Resources Management Law in Need of Reform

In a recent podcast episode of "Guide to Economic Reforms," Mariam Bakhtadze, water resources management advisor of the USAID economic governance program, spoke with Soso Galumashvili, Senior consultant at Gepra.

Georgia to Introduce New Regulations for Intercity Transfers

The Georgian government is planning to implement new regulations for bus stations and passenger transport operators to improve safety, comfort, and efficiency for intercity transfers.

First Deputy Minister of Environment Protection and Agriculture of Georgia, Gela Khanishvili, Resigns from Post

Gela Khanishvili, the First Deputy Minister of Environment Protection and Agriculture of Georgia, has announced his resignation from the position. 

Georgia's Prime Minister Addresses Parents of Children with Achondroplasia, Calls for Cooperation in Accessing Treatment

Georgia's Prime Minister Irakli Gharibashvili has addressed the parents of children suffering from achondroplasia, a genetic disorder that affects bone growth, and called on the state to finance medicine for the treatment of the disease.