After 27 Years – Retirement Age and Pensions in Post-Soviet Countries

There were times, when the same pension amounts were paid in all republics of the Soviet Union. What has changed in 30 years? How much pension is paid today? What is the retirement age in Post-Soviet space?

Fitch Upgrades Georgia’s Sovereign Rating to ‘BB’

Fitch Ratings has upgraded Georgia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB’ from ‘BB-‘. The Outlook is Stable.

National Bank Staffs Selection Commission of Pensions Agency’s Investment Board

The selection commission of the investment board of the Pension Agency has been staffed.

Prime Minister: Current Account Deficit is Key Source of Poverty

The current account deficit is one of the key sources of poverty in Georgia, Georgian Prime Minister Mamuka Bakhtadze noted.

Natia Turnava: Georgia Supports Development of South Gas Corridor

“Georgia supports the development of the South Gas Corridor. It is important that Europe will receive natural gas via the mentioned corridor, which will pass the territory of Georgia.

Food Trucks to Take over Tbilisi Within Night Economy

“Another project will be implemented within the night economy. So called Food trucks will be located in the capital, on specific locations, “said Deputy Mayor of Tbilisi Sophio Khuntsaria.

Competition on Borjomi Park concept Announced

Competition for the development of the concept for Borjomi Central Park was announced. According to the municipality, the main goal of the competition is to maintain and develop the historical and cultural functions of the park.

Number of Hired Employees Exceeded Number of Self-Employed People Last Year

The rate of unemployment in 2018, compared to the previous year, was decreased by 1,2% and equaled to 12,7%, which is the lowest indicator in the last 15 years,

Georgia’s Foreign Trade Totaled $826.8 Million in January

In January 2019, Georgia’s foreign trade turnover (without undeclared trade) amounted to USD 826.8 million, which is 1.2 percent more than in the previous year.