Economy

Will Enforcement of Regulations will Raise Tariffs on Taxi Services

Taxi drivers are obliged to drive taxis painted white color starting on October 1, 2019.

Production Price Index Grows by 5.7%

In April 2019 the production price index of in industrial sector rose by 0.2% month on month and by 5.7% year on year. 

Geostat: Unemployment Declined to 12.8%

Unemployment rate in 1Q19 declined by 1.2% to 12.8%. 

Military Expenses and Economy – The Militarization Effect on Georgia and the World

What is the effect of military expenses on an economy? These is no clearly determined answer to this question.

Georgia Grows into Service-oriented Economy

Christine Lagarde, the managing director of International Monetary Fund (IMF) keeps visiting Georgia. 

Giorgi Chogovadze: Kutaisi Airport will Be 4 Times Bigger in 2020

Kutaisi airport terminal expansion works are being carried out in intense regime.

Wizz Air Postpones Launch of Six New European Destinations from Kutaisi

Hungarian low-cost airline Wizz Air has postponed the launch of six new European destinations from Georgia's Kutaisi for a month, the airline press service said, Trend reports via Georgia Online.

How to Hasten Economic Growth in Georgia – Recipe by IMF President

President of the International Monetary Fund (IMF) has answered questions about Georgia’s economic growth.

Charter Flights Between Republic of Korea and Georgia Appointed

The Civil Aviation Agency of the Ministry of Economy and Sustainable Development of Georgia satisfied the request of the Korean Air Company on the implementation of charter air traffic between South Korea and Georgia.