Economy

Pkhakadze on Planned Changes in Labor Code: This Will Increase Unemployment and Reduce Salary

Georgian Business Association President, Soso Pkhakadze declared, that adopting the changes in Labor Code, which is lead by Dimitri Tskitishvili, will impede the economic development of the country. 

United Water Supply Company to Arrange Water Supply System in Kidiskuri and Sakadagiano Villages

United Water Supply Company of Georgia plans to rehabilitate the water supply system in the villages of Khidiskuri and Sakadagiano, Kaspi Municipality.

Growing Prices and Government’s Macroeconomic Policy

GEL depreciation has provoked a growth in prices. The inflation has hit its maximum rate since June 2017.

Georgian Airline MyWay Ended 2018 with a Loss of 41 million GEL

With Chinese investment, Georgia-based airline MyWay ended 2018 with a loss of -40,875,472. It is reported in the financial statements published by the airline.

Natia Turnava - 6 Key Points About Tskaltubo Which Government Is Responsible For

"We want to provide information about our collaboration and synergy between government, private business sector, and philanthropist.", declared the Minister of Economy, Natia Turnava. 

Container Shipments Increased by 34%

Georgian Railway has delivered 64,000 containers (TEU) in the 10 months of 2019, which is a record figure.

Germany Allocate €161,7 million to Support Georgian Investment Projects

Today Governmental consultations on development cooperation between Georgia and Germany held at the Ministry of Finance.

Possibilities of Developing the Middle Corridor in Discussed in China

Natia Turnava, Georgia's Minister of Economy and Sustainable Development, who is in China together with the delegation, met with Chinese Minister of Transport Lee Xiaoping.

Enterprises Founded by Foreign Citizens Paid 945 million GEL to State Budget in 2018

State budget payments made by enterprises of foreign citizens is growing, according to the report by Government Commission for Migration.