Economy

Electricity Imports Grow by 14.5%; What is Russia’s Ratio

According to ESCO indicators, in January-October 2019 electricity imports grew by 14.5% to 1 215.8 million kw/hours, while the figure was 1 061.9 million kw/h in the same period of 2018.

ADB to Help Construct, Improve Part of Georgia's East–West Highway

ADB has approved a $278 million loan to construct and rehabilitate about 30 kilometers (km) of main and secondary roads between the towns of Shorapani and Argveta on Georgia's highway.

Levan Kakava to be Appointed As New Head of Revenue Service

Today, the Minister of finances, Ivane Machavariani presented Levan Kakava as a new head of Revenue Service.

Government to Discuss Lowering 200 000 GEL Margin for Issuing GEL-Denominated Loans

Prime Minister Giorgi Gakharia has instructed the Finance Minister to discuss the probability of lowering the 200 000 GEL margin for issuing GEL-denominated loans.

Turkey, Georgia to Work on Simplified Customs Line

Turkey and Georgia have agreed to work on a simplified customs line which could pave the way for ending delays in transportation.

Average of 340 Regular Flights a Week to Operate at Georgian International Airports

By the end of March 2020, there will be an average of 340 regular flights a week at Georgian International Airports.

Georgia-Turkey Economic Commission to Hold First Meeting after 2005

Minister of Economy of Georgia Natia Turnava will visit Turkey after the official visit that she paid several weeks ago to this country

Financial Education in Georgia

A financial education course will be introduced into public schools in the Spring of 2020, as part of a civil education program.