Economy

Container Traffic Increased at Georgian Ports by 42.7%

In 2019, container traffic at Georgian ports increased by 42.7% - in particular, Batumi and Poti ports handled 647,812 containers.

World Bank Reduced Georgia's Economic Growth Forecast to 4.3%

As for Georgia, according to the new forecast, by 2020 the World Bank forecasts 4.3% growth of the Georgian economy, which is 0.5 percentage points lower than the previous assessment.

Money Transfers from Abroad Hit 1.73 billion USD

Money transfers from abroad in 2019 made up 1.73 billion USD (over 4.99 billion GEL), up 9.7% compared to the same period of 2018.

Top Ten Products Georgia Buys from Iran

Ceramic tiles, tubes, oil bitumen – this is a shortlist of products that Georgia imports from Iran.

Foreign Trade Increased by only 2.7% Last Year

Georgia's foreign trade turnover increased by 2.7% to $ 12.834 billion in 2019.

Companies that Buy Property under Privatization Program – Updates

Ministry of Economy and Sustainable Development has already sold 38 properties as part of the 100 Properties for Business state-run program.

Loss of Mountain Resorts Company of Georgia in 2018

Mountain Resorts Company of Georgia published auditing report of 2018.

How Georgian Stock Exchange Meets the Year of 2020

Unlike foreign exchanges, only one deal was recorded from January 1 to January 14, 2020. Namely, two bonds of LLC Georgian Leasing Company were sold at 2093 USD.

New Road to Connect Villages of Chiatura Municipality

Inhabitants of Chiatura Municipality Villages Tsinsopeli and Chilovani are to benefit from the new road.