Economy

Georgia-EU Trade Relations: An Overview of the Top Exporting and Importing Companies

In recent years, Georgia has been strengthening its trade relations with the European Union (EU), which has become an important trading partner for the country.

Georgian Pension Fund's Investment Activities Yield ₾490 Million in Benefits

The Georgian Pension Agency has reported significant financial growth in their latest fund report as of March 2023.

Georgia's Ministry of Health Implements Mechanism to Reduce Co-Payments for Medical Treatments

The issue of high co-payments has been a pressing concern for citizens with fixed incomes in Georgia, particularly for those seeking expensive medical treatments.

Hungary Embraces the Black Sea Submarine Cable Project for Green Energy Development

Hungarian Minister Peter Szijártó expressed his excitement for the Black Sea submarine cable project and the opportunity to collaborate with Georgian, Azerbaijani, and Romanian partners.

Updated Double Taxation Avoidance Agreement Between Georgia and Poland Now in Effect

The revised agreement between Georgia and the Republic of Poland, titled "Avoidance of Double Taxation on Income and Prevention of Non-payment of Taxes and Tax Evasion,

Georgia to Establish Railway Regulatory Agency with Budget of 1.3 Million GEL

The Georgian Parliament is currently reviewing proposed amendments to the Railway Code that would lead to the establishment of a new regulator in the country.

Georgian Pharmaceutical Companies Among Worst Examples of Social Responsibility, Says Health Minister Amid Oncological Drug Price Hike

Georgian pharmaceutical companies have come under fire for their lack of social responsibility in the pharmaceutical market.

Georgia Signs €115 million Agreements with World Bank to Promote Green and Sustainable Development and Agriculture

The Ministry of Finance of Georgia, Lasha Khutsishvili, and the Regional Director of the World Bank for the South Caucasus, Sebastian Molyneux, signed two loan agreements worth 115 million euros

The Uncertain Future of Georgia's Republican Hospital: Demolition, Reconstruction, or Rehabilitation?

For years, the issue of Georgia's Republican Hospital has been a topic of discussion, with several plans proposed to strengthen and modernize the clinic.