Economy

Shares of All Georgian Companies Rise in Prices at LSE

As a result of the April 27 trading session at London Stock Exchange, prices of all Georgian shares have increased.

Fitch Revises Georgia's Outlook to Negative; Affirms at 'BB'

Fitch Ratings has revised the Outlook on Georgia Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at 'BB'.

Fairs and Markets Failing Standards will Remain Closed

As explained by the Georgian Agriculture Minister, the majority of registered agricultural markets and fairs in Georgia cannot satisfy the standards and they will not be let resume operation.

Viktor Kipiani: We Hear Unrealistic Discussions on Georgia’s Role in New Geopolitical Order

Should we expect a new geopolitical order and what role will Georgia play on the world’s economic map?

Georgia to Grant Citizens 30 thousand GEL Who want to Start Up a Business

Persons living in the villages who want to start up small or medium-size business will be financed by up to 30 thousand GEL – Prime Minister Giorgi Gakharia said during the presentation of anti-crisis economic plan.

Prime Minister: Over 350,000 Citizens will Receive Social Allowances, Totaling 460 million GEL

More than 350,000 citizens of Georgia will receive social allowances and the state budget will finance this program by 460 million GEL

Investors Council Members Intend to Support Government of Georgia in Developing New Investment Strategy

Investors Council Members will support the Government of Georgia in developing a new Investment Strategy of the country.

Government to Pay Monthly 200 GEL Unemployment Allowances for 6 Months

Employed citizens, who lost job places or were given unpaid leaves amid the state of emergency, will receive monthly 200 GEL unemployment allowances for 6 months.

Aero Georgia Group to Provide Free Consultation to Aviation Sector Amid Crisis Caused by COVID-19

Against the background of the crisis caused by the COVID-19 pandemic, the Georgian aviation company Aero Georgia Group is ready to provide free consultations to the players of the aviation sector.