Economy

Electricity Consumption to Double in 2020-2030

Energy security and hydro resources, annually growing electricity consumption statistics, and growing electricity imports.

Saudi Arabia's Budget Airline Launches Regular Flights to Tbilisi

Saudi Arabia's   first budget  airline, Flynas, launches direct regular flights from Riyadh Airport  to Tbilisi starting October 2, 2019.

18 Civil Society and Community Projects Launched to Promote Environmental Protection and Climate Action in Georgia’s Regions

Protection of Georgia’s spectacular natural environment received a big boost with the launch today of 18 new green projects worth a total of USD 1.1 million for the regions of Georgia.

Giorgi Abashishvili: Bureaucracy Remains Major Challenge

Reduction in bureaucracy expenses is one of the key challenges. Over the past 5 years the number of employees in public sector is growing, whilst the figure is declining in the private sector.

Largest Airlines in Georgia - Wizz Air takes First Place

In the first half of 2019, airlines operating in Georgia served 2,449,268 passengers.

IMF Staff Concludes Visit To Georgia

IMF led by Ms. Mercedes Vera-Martin, visited Tbilisi during September 11-17, 2019 to discuss recent economic and financial developments and progress with the structural reforms.

Azerbaijan and Georgia Parties Discuss Transport and Energy Projects of Global Importance

Director General of the Georgian Railway Davit Peradze paid a visit in Azerbaijan on September 17-18 with the Minister of Economy and Sustainable Development of Georgia Natia Turnava and her deputies.

Giorgi Gakharia: Principle of Bureaucratic Spending Reduction will be Strictly Controlled

The 2020 budget should be primarily focused on the citizen, – Prime Minister Giorgi Gakharia said at the government session.

New Owner of Wind Power Station to Pay 17.5 million USD to EBRD

29.7 million USD was spent on building a wind power station and the Government plans to sell the asset for 14.2 million USD.