GEL Depreciation Lowers Inflation Rate
According to Geostat, the national statistics service of Georgia, in June 2019, compared to May, inflation rate made up -1%, while annual inflation rate constituted 4.3%, down from 4.7% in May.
Remittances Expressed in EUR Up by 10.1% YoY in June
Remittance inflows increased by 6.3% YoY in June 2019 in USD terms. When expressed in EUR and GEL, the yearly growth rates stood at higher 10.1% and 20.1%, respectively.
Geostat: External Merchandise Trade of Georgia decreased in June
According to the National Statistics Office of Georgia, in June 2019, compared with the same period of the previous year, indicators of External Merchandise Trade decreased and external trade turnover reduction amounts to 8.5 percent.
Union of Oil Product Importers: Diesel Imports Declines in January-June
Diesel imports have shrunk in January-June period, the Union of Oil Importers of Georgia says.
Hazelnut culture is one of the main Source of Income for the Population of Western Georgia
He made these remarks at the working meeting of the advisory council for the development of nut crops.
“The Right Strategy will Enable Georgia to Satisfy at Least 80% of Grain Demand Through Domestic Production in 2-3 years”.
“The right strategy will enable Georgia to satisfy at least 80% of grain demand through domestic production in 2-3 years
Georgia’s National Debt Reached GEL 165 Million in June
In June Georgia’s national debt increased by GEL 658 million and amounted to GEL 19.8 billion.
Rehabilitation of 2 Km Long Coastline Completed in Kobuleti
The project was implemented by the Municipal Development Fund of Georgia, cost of boulevard rehabilitation works averaged GEL 9 million.
Road of Gomis Mta and Bakhmaro to be Renewed - 120 Million to be Allocated for Road Rehabilitation in Guria
120,5 million GEL will be allocated for rehabilitation of roads in Guria.