Economy

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.

Levan Surguladze: Pensions Contributions are Safer than Other Assets

Interview with Pension Agency Chief Levan Surguladze

After 27 Years – Retirement Age and Pensions in Post-Soviet Countries

There were times, when the same pension amounts were paid in all republics of the Soviet Union. What has changed in 30 years? How much pension is paid today? What is the retirement age in Post-Soviet space?

Fitch Upgrades Georgia’s Sovereign Rating to ‘BB’

Fitch Ratings has upgraded Georgia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB’ from ‘BB-‘. The Outlook is Stable.

National Bank Staffs Selection Commission of Pensions Agency’s Investment Board

The selection commission of the investment board of the Pension Agency has been staffed.

Prime Minister: Current Account Deficit is Key Source of Poverty

The current account deficit is one of the key sources of poverty in Georgia, Georgian Prime Minister Mamuka Bakhtadze noted.

Natia Turnava: Georgia Supports Development of South Gas Corridor

“Georgia supports the development of the South Gas Corridor. It is important that Europe will receive natural gas via the mentioned corridor, which will pass the territory of Georgia.

Food Trucks to Take over Tbilisi Within Night Economy

“Another project will be implemented within the night economy. So called Food trucks will be located in the capital, on specific locations, “said Deputy Mayor of Tbilisi Sophio Khuntsaria.

Competition on Borjomi Park concept Announced

Competition for the development of the concept for Borjomi Central Park was announced. According to the municipality, the main goal of the competition is to maintain and develop the historical and cultural functions of the park.