Economy

Government to Collect at least 120 million GEL from Privatization in 2020

“We have realistic plans to collect 100 million GEL proceeds by the end of 2019 (from privatization). Consequently, we expect to collect 120-150 million GEL in 2020”, Minister of Economy Natia Turnava told the Business Course TV program.

Telavi WWTP undergoes Construction for GEL 12 Million

 Waste Water Treatment Plant (WWTP) in Telavi undergoes construction by the Municipal Development Fund (MDF) of the Ministry of Regional Development and Infrastructure of Georgia (MRDI).

Infrastructure Ministry to Grow Funding of Water Supply Projects by 40 million GEL in 2020

Ministry of Regional Development and Infrastructure will increase funding of water supply projects by 40 million GEL in 2020, Vice Prime Minister Maia Tskitishvili noted at ad-hoc governmental meeting on September 30.

Georgian Road Infrastructure – Completed and Protracted Projects

The construction of the most complicated section of the highway is underway. How does road construction work proceed,and why can't the government  make a timely usage of the allocated funds?

Korea Interested in Importing Georgian Products

This is the first visit aiming at strengthening trade relations and establishing new business contacts.

Initiative at Greenhouse in Samtredia Brings Fresh Vegetables to Georgia

A greenhouse in a small city of Samtredia, western Georgia, grows tomatoes, cucumbers and lettuce in water.

National Bank of Georgia Upgrades 10 Lari Banknotes

Upgraded banknotes in denominations of 10 lari will be in circulation in Georgia from October.

Direct flights between Russia and Georgia may resume in November

Direct flights between Russia and Georgia may resume in November.

ADB Expects Inflation Rate in Georgia will be above Target Rate

The Asian Development Bank (ADB) downgraded Georgia's economic growth forecast.