Economy

BRI has Strengthened Georgia's Unique Geographical Position as a Transportation Hub

The Belt and Road Initiative provides new opportunities for better connectivity and economic development for various countries, Maya Tskitishvili said in an interview with Xinhua.

Economy Minister: Kazakh Government to Subsidize Grain Transportation to Georgia

Kazakhstan will considerably increase grain imports to Georgia, Minister of Economy of Georgia Natia Turnava noted after her meeting with Deputy Prime Minister of Kazakhstan Jenis Kassimbek. 

Giorgi Chikovani: Construction of Small HPPs is the Safest Way

Construction of power and electricity generation facilities is a fundamental part of our power strategy. Without construction of solar, wind and hydro power plants.

Economy Minister: Power Sector is One of the Priority Segments in Georgia-Kazakhstan Cooperation

Power sector is one of the priority segments in Georgia-Kazakhstan cooperation

Cost of Living does not Signify that This Sum Suffice for Sustenance

The cost of living does not signify that this sum suffice for sustenance, Gogita Todradze, executive director of Geostat, the national statistics service of Georgia, told BM.Ge.

Georgia Signs Memorandum of Cooperation with KHNP

Well-known South Korean company KHNP (Korea Hydro & Nuclear Power Co) launched the study on Georgia’s energy potential. T

Natia Turnava Appointed As Minister of Economy

Natia Turnava has been appointed as Minister of Economy and Sustainable Development of Georgia. 

Georgia’s National Debt fell by 165 Million GEL in March

In March Georgia’s national debt decreased by GEL 165 million and amounted to GEL 18.5 billion.

4.6% Economic Growth Recorded in February

According to Geostat, the national statistics service of Georgia, in February 2019, compared to the same period of 2018, the pace of GDP growth was at  4.6%.