Economy

EBRD Shows Willingness to Engage in Anaklia Project Implementation

We are ready to engage in Anaklia project implementation if we see a valuable commercial solution

Changes and Risks to Come from the Revision of the Universal Healthcare Funding Mechanism

The government of Georgia plans to revise the universal healthcare funding mechanism. 

Parliament to Revise 2019 State Budget, Domestic Debt to Rise to Historical 900 million GEL

Government of Georgia has forwarded the 2019 state budget revision bill to the Parliament.

Electricity Consumption to Double in 2020-2030

Energy security and hydro resources, annually growing electricity consumption statistics, and growing electricity imports.

Saudi Arabia's Budget Airline Launches Regular Flights to Tbilisi

Saudi Arabia's   first budget  airline, Flynas, launches direct regular flights from Riyadh Airport  to Tbilisi starting October 2, 2019.

18 Civil Society and Community Projects Launched to Promote Environmental Protection and Climate Action in Georgia’s Regions

Protection of Georgia’s spectacular natural environment received a big boost with the launch today of 18 new green projects worth a total of USD 1.1 million for the regions of Georgia.

Giorgi Abashishvili: Bureaucracy Remains Major Challenge

Reduction in bureaucracy expenses is one of the key challenges. Over the past 5 years the number of employees in public sector is growing, whilst the figure is declining in the private sector.

Largest Airlines in Georgia - Wizz Air takes First Place

In the first half of 2019, airlines operating in Georgia served 2,449,268 passengers.

IMF Staff Concludes Visit To Georgia

IMF led by Ms. Mercedes Vera-Martin, visited Tbilisi during September 11-17, 2019 to discuss recent economic and financial developments and progress with the structural reforms.