6 Cities to Gradually Receive 175 New Buses

The Municipal Development Fund of the Ministry of Regional Development and Infrastructure of Georgia has purchased 175 buses for 6 cities within the framework of the Urban Transport Development Program.

Government Suspends Underground Gas Storage Project to Spend EUR 120 million on COVID Crisis

Government Suspends Underground Gas Storage Project to Spend EUR 120 million

Georgia’s Foreign Trade Turnover with Saudi Arabia Triples

Georgian Economy Minister Natia Turnava and Saudi Arabia Ambassador in Georgia Abdullah Al-Mutairi discussed trade-economic cooperation and other relevant issues.

Government Undertakes Program for Buying off Apartments, Budget Total GEL 200 million

The Government has submitted a development sector support state program as part of the working meeting with the development sector representatives at the Ministry of Economy and Sustainable Development.

Fruit and Vegetable Processing Enterprise Opened in the village of Chumlaki in Gurjaani

A fruit and vegetable processing enterprise of Georgian Agro Product Ltd. has begun to operate in the village of Chumlaki, Gurjaani Municipality, with the financial support of the state.

26% of Georgia’s Export Hazelnuts Go to Germany

The exports of Georgian hazelnuts have doubled. As for August 30, Georgia exported 1,334 tons of hazelnuts, whilst the figure was 693 tons in the same period of 2019.

1,000 Villages to Get Better Internet Connectivity, as part of World Bank Support to Georgia’s Digital Transformation

The World Bank’s Board of Executive Directors today approved EUR 35.7 million ($40 million) for the Log-in Georgia Project.

Georgia’s Power Generation in HPPs Shrinks, Imports Grow

Power generation at Georgia-based hydropower plants has shrunk.

Georgia's GDP Declined by 5.5% in July

Estimated real Gross Domestic Product (GDP) declined by 5.5 percent in July 2020 YoY and by 5.8 percent in the first seven months of 2020 YoY.