Economy

FDI Inflows to Georgia Declines by 6.3%

Inflow of foreign direct investments to Georgia declined by 6.3% and constituted 281.1 million USD in the first quarter of 2019, compared to the same period of 2018.

Irina Milorava: Georgia will Adopt a New Law for the Power Sector Law by Late August

The current challenges in Georgia’s power sector, and how to become an energy self-sufficient country

Enterprise Activities Clearly Illustrate Business Growth in Georgia this Year

Enterprise activities clearly illustrate that in 2019 the business has increased in Georgia.

Annual Inflation Rate Mainly Influenced by Price Changes in Food and Beverages

The annual inflation rate was mainly influenced by price changes for the following groups: Food and non-alcoholic beverages.

EU's Project to Support Enhancement of Financial Inclusion and Accountability in Georgia

In May, the EU announced a pledge of €4.5 million for Georgia

Policy that Georgia should Follow regarding HPPs – Austrian Ambassador Answers

In his interview for the Forbes Week, Ambassador of Austria in Georgia Arad Benko talks about power sector challenges and their resolution mechanisms in Georgia

FAO and EU Shared Best Practices of Vegetable Production with Georgian Farmers

The Food and Agriculture Organization of the United Nations (FAO) held a presentation of the eggplant demonstration plot in Lagodekhi, Georgia, under the ENPARD program of the European Union.

Giorgi Chogovadze: We are Working that Korean Air Launch Regular Flights to Georgia

South Korea’s major airline Korean Air has resumed charter flights from Seoul to Tbilisi. A special welcome ceremony was held in relation to the first flight at Tbilisi International Airport.

Electricity in Figures – Georgia and the World

An annual 15 billion tons of fuel are spent on electricity generation across the world. The total power of all electricity stations worldwide exceeds 2.067 trillion watts, and the hourly rate of generation is 18138.3 trillion watts.