Economy

Aleksandre Motserelia: Filbert Price Hits 5 GEL

The 2019 filbert harvest exceeds the 2018 indicators by at least twice, Aleksandre Motserelia, state governor in Samegrelo-Zemo Svaneti Region noted.

Geostat: Georgia’s Exports in January-July Rose by 12.3%

According to Geostat, the national statistics service of Georgia, in January-July 2019 Georgia’s foreign trade turnover (excluding undeclared trade) constituted 7 065.4 million USD, down 0.2% as compared to the same period of 2018.

How the New Law on Energy Efficiency of Buildings will Benefit Georgian Citizens

The EU-funded EU4Energy Governance project is assisting Georgia with the adoption of a new draft law on energy performance in buildings, and in preparing a series of building regulations.

We should Develop Global Companies following State Interests

E-government system has been valuably developed in Georgia compared to digital economy directions.

Batumi Solved its Water Supply and Sea Pollution Problems with EU Support

Funded through the EU’s Neighbourhood Investment Facility, the project provided investment in municipal infrastructural rehabilitation in that part of the country.

About 42 000 Officials Withdraw from State Pension Scheme

Pension Agency of Georgia has sent a written letter to Zurab Chiaberashvili, parliament member from European Georgia political party.

Georgian Airways has Recognized as the Most Punctual Airline in Ukraine

Qatar and Georgia Airlines have been recognized as the most punctual airlines in Ukraine by Ukraine's largest airport- Borispol according to July data. 

Global Economy Outlook Worsened

In its latest July World Economy Outlook, IMF further revised down global growth projections on the backdrop of higher tariffs on US-China trade, elevated Brexit uncertainties and increasing geopolitical tensions affecting commodity prices.

Partnership Fund to Send 3-ton Kvevri to Minsk – Georgian House to Open in Belarus

Georgian Natural Products company founded by Partnership Fund will unveil the Georgian House in Minsk, the capital city of Belarus.