Economy

May Records 3.5% upturn in Exports, 7.3% Downturn in Imports

On June 13 Geostat, the national statistics service of Georgia, published the May 2019 statistics.

EU Ambassador Visits Imereti to Highlight Assistance

Carl Hartzell, Ambassador of the European Union to Georgia, visited several projects designed and funded by the EU to strengthen economic development and create jobs in Imereti.

PM: US-Georgia Strategic Partnership is at All-time High Level of Bi-partisan Cooperation

“Strategic partnership between USA and Georgia, along with the bipartisan support are at all times high” states Prime Minister of Georgia

Anaklia Consortium to Apply to National Bank for Issuance of Shares

Anaklia Development Consortium plans to apply to the National Bank of Georgia (NBG) for issuance of shares.

EU Launched Rural Development Project in Tskaltubo Municipality

On 8 June, the EU launched a new rural development project in the Tskaltubo municipality of Georgia. The

Ekaterine Mikabadze: Global Finance's Assessment is Positive Message for Financial Sectors Interested in Investing in Georgia

Global Finance finds that Georgia is characterized with fast-improving business climate, robust growth and strong partnership ties with the EU.

Irina Milorava: Georgia will Adopt a New Law for the Power Sector Law by Late August

The current challenges in Georgia’s power sector, and how to become an energy self-sufficient country

Global Finance Names Georgia among the Most Attractive Countries for Making Investments

The Global Finance, the influential international financial edition, has named Georgia among the most attractive countries

EBRD Sees 4.5% Growth in Georgia in 2019, Warns on External Shocks

Georgia’s economy is expected to expand by 4.5% this year, supported by external demand, growing exports and tourism, the European Bank for Reconstruction and Development said.