Economy

Average Salary for Men is 1468 GEL, for Women – 906 GEL

According to Geostat, the national statistics service of Georgia, according to the fourth quarter of 2018, average salaries in Georgia made up 1202 GEL, up 61 GEL year on year.

South Korea to Shape Delegation for Deepening Economic Ties with Georgia

South Korea plans to shape a special delegation for enhancing economic ties between Georgia and Korea.

Prime Minister: Government to Develop Mediation Institute in Georgia

Government of Georgia plans to develop the mediation institute.

Deputy Economy Minister Rules out that Georgia Import A Mass of Russian Natural Gas

The price of Russian natural gas has cheapened for the private sector, under the new contract agreement with GazProm, Natia Turnava, Deputy Minister of Economy and Sustainable Development of Georgia, noted.

Foreign Direct Investments in Fishing Industry Grows by 29%

Foreign direct investments in agriculture sector and fishing industry have increased by 29%.

Georgian Rural Development Association Helps Develop Algeti National Park

With the support of the EU, a new ecotourism attraction – an adventure park – will be set up in Georgia’s Algeti National Park.

Georgia and Republic of Korea Signed Agreement on Economic Cooperation

Agreement between the Government of the Republic of Korea and the Government of Georgia on Economic Cooperation was signed.

State Budget to Spend 50 million GEL on Passenger Transportation by Railway

Parliament of Georgia plans to discuss a bill of amendments to Georgian Railway Code, under which passenger traffic will be funded from the state budget.

Anaklia City: We do not Consider Georgian Economic Zones as Competitors

In her interview with the Forbes Week with Giorgi Isakadze TV program, Keti Bochorishvili, executive director for Anaklia special economic zone, talked about advantages of Anaklia special economic zone.