Economy

Batumi without Wrecking Housing - Government Approved a New Program

"Batumi without Wrecking Housing" - the government has approved a state target program. The relevant resolution signed by the Prime Minister is published in the Legislative Herald.

NBG Vice President: Inflation Remains High but Our Monetary Policy will be Sufficient

According to Papuna Lezhava, Vice-President of the National Bank of Georgia, inflation will reach single digits by the end of the year, and the NBG will maintain a stricter monetary policy until then.

''In Light of Russian Sanctions, Kazakhstan will Transport Cargo through Caspian Sea Via Georgia''

Against the background of sanctions against Russia, the Kazakh authorities have developed alternative ways of transporting export and transit cargo.

Irakli Gharibashvili: After Azerbaijan, Georgia has the Cheapest Gas in Europe

Since 2-3 weeks ago, gas prices in Europe have climbed dramatically. The price of 1000 cubic meters of gas has risen to $3900, according to Georgian Prime Minister Irakli Gharibashvili, stated at a government meeting.

EU Commission gives High Evaluation of Georgia’s Progress in Fulfilling is Commitments under DCFTA

Deputy Minister presented to the MPs the report on the implementation of the 2021 National Action Plan for the Deep and Comprehensive Free Trade Agreement (DCFTA) between Georgia and the European Union.

USAID and TBC Bank Partmer to Strengthen Economic Resilience

USAID Deputy Administrator Isobel Coleman and TBC Bank Chief Executive Officer Vakhtang Butskhrikidze affirmed their joint commitment to strengthen Georgia’s economic diversification and resilience.

Romeo Mikautadze: We Start Industrial Wind Power Plants in Georgia

The Ministry of Economy and Sustainable Development has signed a memorandum on the start of industrial production of wind power plants in Georgia.

Bidzina Ivanishvili Wins Long-Running Battle with Credit Suisse

Former Georgian prime minister Bidzina Ivanishvili has won a long-running battle with Credit Suisse to reclaim funds stolen by a former employee of the Swiss bank, according to people with knowledge of the case.

Production of Parts of Wind Power Plans to Start in Georgia

The Ministry of Economy and Sustainable Development has signed a memorandum on the start of industrial production of wind power plants in Georgia.