Economy

State Budget to Spend 1.766 billion GEL to Serve External Debts in 2020

The state budget will spend 1.350 million GEL on serving external debts in 2020. The figure has increased by 30 million GEL compared to the previous budget bill following the GEL exchange rate devaluation.

Economy Grew by 5.2% in September in Georgia

The economy expanded by a healthy 5.2 percent year-on-year (yoy) in September.

EBRD to Finance New Buses for Six Cities in Georgia

The EBRD is extending a €17 million sovereign loan to Georgia that will be on-lent to the Municipal Development Fund of Georgia (MDF) to purchase 175 new buses for six cities.

Rumsfeld Foundation Program and Its Opportunities

What specific opportunities does this program provide for Georgia?

Turkey and Azerbaijan Inaugurated TANAP Pipeline to Take Gas to Europe

The opening ceremony of Trans Anatolian Natural Gas Pipeline (TANAP)-Europe connection was held on Saturday

Flights Between Georgia and Russia to Resume Next Year

Flights between Georgia and Russia will resume for the first half of 2020, Izvestia reports based on its own government source.

Georgia and Iceland to Plan Signing Air Transport Agreement

It is planned to sign the air transport agreement between Georgia and Iceland. 

Georgia to take Chairmanship of CoE Committee of Ministers Today

Georgia will be Chairman of Committee of Ministers at the Council of Europe from November 27, 2019, to May 15, 2020.

How Many Hydro Power Plans Launched Operation in 2018-2019

Eleven HPPs launched operation in 2018-2019, BM.GE was told at the Ministry of Economy and Sustainable Development.