Economy

AIIB Approves EUR91.34 Million COVID-19 Emergency Assistance to Georgia

AIIB Board of Directors has approved a loan of EUR 91.34 million in support of an emergency project to help the Government of Georgia

US Company to Build Bakhvi-1 Small HPP in Guria Region

A US company plans to implement a small HPP project of Bakhvi 1 in Chokhatauri, Economy Minister Natia Turnava noted after the May 21 government meeting.

Liberty Joins the Agricultural Land Owners Stimulation Program

20.05.20, Tbilisi - As of today, more than 200,000 farmers will receive a Liberty "Agro Card" within the framework of the state program to stimulate agricultural land owners and will benefit from the new program throughout the country.

Georgia Replenished Its Reserves of 8,000 Tons of Wheat

Georgia has replenished its reserves of 8,000 tons of wheat.

Georgia Discusses Issuance of Social Assistance and Compensation to Unemployed and Self-Employed Persons

Prime Minister of Georgia Giorgi Gakharia discussed issuance of the financial benefits envisaged by the government’s Anti-Crisis Plan

Georgia and Ukraine Plan to Resume Flights from July 1

Georgia is ready to open its borders for regular international flights, which were closed due to coronavirus pandemic from July 1.

Geostat: Unemployment Rate Declined by 0.9% in First Quarter

Unemployment rate in the first quarter of 2020 shrank by 0.9% to 11.9%, as compared to the same period of 2019.

Airlines Applied to Georgia for Resuming Regular Flights

Ukrainian airlines have applied to the Georgian Party for restoring regular flights between Georgia and Ukraine.

Upcoming Harvest Predictions by Minister of Agriculture

The Minister of Agriculture suggests that this year's harvest will not be smooth, the reason of which is Coronavirus pandemic.