Economy

Partnership Fund to Repay 139 million GEL to CREDIT SUISSE

In September 2019 state-owned Partnership Fund must repay 139 million GEL to Swiss bank Credit Suisse, including the principal sum of 117.5 million GEL and 21.5 million GEL interest rate and commission fee.

Georgia Attracts €90 million In World Bank Funds To Finance Education

The World Bank will allocate 90 million euros ($101 million) to Georgia to finance the country's education system. Agreement was signed today. 

World Bank to Allocate 90 Million Euro to Georgia’s Education System

The World Bank will allocate 90 million euro to Georgia's education system, Georgian Prime Minister Mamuka Bakhtadze stated during the briefing before today's Government meeting.

Regional USA Commercial Representation to Be Opened in Georgia

The Minister, the process of establishing a US commercial representation in Georgia that will serve as a regional office will be launched soon.

Average Earnings Equaled to ₾ 876.1 for Women, while ₾1294.1 for Men

In the I quarter of 2019 the average earnings equaled to 876.1 Gel for women, while 1294.1 Gel for men and the annual growth of earnings amounted to 58.0 and 22.4 Gel, respectively.

Baku-Tbilisi-Kars Railway Increases Transportation Share

Turkey, Russia and Azerbaijan Railways between the Transport and Infrastructure Ministry

The Spring and Mineral Water Market – the World and Georgia

In the 21st century, drinking water will be a much more strategic resource than oil and gas, as predicted by UN experts.

Azerbaijan’s Buta Airways launched Baku-Batumi Flight

The Azerbaijani low-cost airline Buta Airways launched the first Baku-Batumi flight on June 14, Trend reports.

Documents Signed with USA to Boost Georgia's Stable Development

The document, signed after today's meeting between Mamuka Bakhtadze and US Secretary of Commerce Wilbur Ross, will further boost the bilateral trade relations between the two countries.