Economy

Number of International Visits in April-June Rose by 13.4%

According to Geostat, the national statistics service of Georgia, the second quarter of 2019 recorded 13.4% upturn in international visits of nonresident travelers (2.2 million) as compared to the same period of 2018.

Bloomberg to promote Georgia's investment potential

Natia Turnava, Minister of Economy and Sustainable Development, met Todd Bauer, an official at Bloomberg Media Group representative in the global markets.

Distribution of City Hall Budget for the Year Revealed

According to the report on the implementation of the Tbilisi budget for 2019, the 6-month plan for budget revenues exceeded 106.3% and amounted to 483 million 98 thousand GEL.

PMC: Georgian Economic Climate has Worsened Rapidly

In the third quarter of 2019, Georgian economic climate has worsened rapidly.

Aleksandre Motserelia: Filbert Price Hits 5 GEL

The 2019 filbert harvest exceeds the 2018 indicators by at least twice, Aleksandre Motserelia, state governor in Samegrelo-Zemo Svaneti Region noted.

Geostat: Georgia’s Exports in January-July Rose by 12.3%

According to Geostat, the national statistics service of Georgia, in January-July 2019 Georgia’s foreign trade turnover (excluding undeclared trade) constituted 7 065.4 million USD, down 0.2% as compared to the same period of 2018.

How the New Law on Energy Efficiency of Buildings will Benefit Georgian Citizens

The EU-funded EU4Energy Governance project is assisting Georgia with the adoption of a new draft law on energy performance in buildings, and in preparing a series of building regulations.

We should Develop Global Companies following State Interests

E-government system has been valuably developed in Georgia compared to digital economy directions.

Batumi Solved its Water Supply and Sea Pollution Problems with EU Support

Funded through the EU’s Neighbourhood Investment Facility, the project provided investment in municipal infrastructural rehabilitation in that part of the country.