Economy

Infrastructural projects are actively ongoing in all eight municipalities of Kakheti Region under the new, “Renovated Regions” Program initiated by the Prime Minister of Georgia.   

EUROCONTROL predicts that Georgia will be the first among European countries in terms of the annual growth rate of flights by 2050.

Fish exports from Georgia are growing at a record level. In particular, according to Geostat, in the first two months of this year (January-February) 120.8 tons (118.4 thousand USD) were exported from the country.

"The educational space is linked to all economic activities, so we started the project "Academy of Reforms ", the first branch of which will open in Poti in two months and then cover all major cities''.

Georgia ranked first among 191 countries in its supply of 400 tons of humanitarian aid to Ukraine, the country’s Economy Ministry stated Monday, referring to the data of the Ukrposhta, Ukraine’s National Post.

Irakli Garibashvili, Prime Minister of Georgia held and led the regular meeting of the Economic Council today.

In December 2021, the Georgian government signed a contract with asset management company Rothschild & Co., which included the preparation of economic reforms for Georgia.

According to him, the development of a plan for investments in the construction of hydropower plants in Georgia will be completed in a few days and the specific conditions will be known to the public.

The favorable business environment in Georgia and the country’s leading positions in terms of ease of doing business were the main topics of the meeting.