February Registered 2.3% Inflation Rate –Major Rise in Prices due to Product Items
Geostat, the national statistics service of Georgia, published its report on the 2019 February inflation rates.
Statement of Georgian Railway Trade Union
As it is known, JSC “Elmavalmshenebeli” has created is experiencing a very difficult situation. Personnel employed in the factory have not received their salaries for 6 months.
Over 90% of Subscribers Will Be Gasified in 2019-2021
Deputy Minister of Economy and Sustainable Development, Natia Turnava introduced the 2019-2021 Gasification Action Plan to the Prime Minister’s Adviser for the Regional Development, Sozar Subari and the Regional Representatives.
IMF: Georgia’s Economic Growth is Projected at 4.6 percent in 2019
An International Monetary Fund (IMF) team, led by Mercedes Vera-Martin, visited Tbilisi during February 20-26, 2019 to discuss recent economic and financial developments and progress with structural reforms.
EU Launches Rural Development Project in Akhmeta Municipality
Last week, the EU launched a new rural development project in the Akhmeta municipality of Georgia. Entitled “Promoting Inclusive and Participatory Local Development in Akhmeta Municipality".
The Number of Employees Exceeds the Number of Self-Employed, for the First Time in Georgia
According to early indicators from Geostat, the national statistics service of Georgia, in the fourth quarter of 2018, the unemployment rate in Georgia rose by 0.1%.
Government Allocates 4 million GEL for Technical Assistance of Farmers
Government of Georgia has approved a new program to ensure co-funding of mechanization process for farmers in Georgia.
Prices and Georgia’s Karma
Over the past period, the current developments in the Georgian finance sector were being widely discussed in our society.
Mercedes Vera-Martin: Fitch’s Rating Proves Sustainability of Georgian Economy
At the meeting with Georgian officials the IMF mission positively appraised the fact that Fitch Rating international rating company has improved Georgia’s sovereign credit rating from BB- level to BB level with the outlook of Stable.