Economy

New Solar Power Pant Launched at Krtsanisi Woodland Park

A new solar power plant has opened at Krtsanisi woodland park. The 100-kW solar power plant was built as part of the Mtkvari 2 project

George Jakhutashvili Becomes The New Honorary Consul of Kazakhstan in Georgia

Despite the pandemic, Georgia and Kazakhstan continue to strengthen cooperation. Giorgi Jakhutashvili was officially appointed Honorary Consul of Kazakhstan in Georgia on September 8, 2020.

Georgia to Attract $112.1 million from IMF

Georgia is expected to attract $112.1 million (SDR 79 million) from the International Monetary Fund (IMF).

Georgia’s State Debt Ratio in GDP to Exceed 60% by Consent of IMF

The Government of Georgia and the International Monetary Fund (IMF) have achieved agreement to expand Georgia’s borrowing limits in response to the current economic crisis.

US Secretary of State Mike Pompeo to Visit Georgia

Georgia welcomes U.S. Secretary of State Mike Pompeo’s forthcoming visit to Georgia scheduled for 17 and 18 November.

Construction of Animal Shelter in Gurjaani Municipality Completed

The Municipal Development Fund of the Ministry of Regional Development and Infrastructure has completed the construction of an animal shelter in Gurjaani.

Citrus Harvest to Reach 40,000 tons in 2020; Orange Harvest Underway

Citrus picking will start on November 20. As the Adjara Agriculture Minister told Business Partner, the forecast harvest indicator is 40,000 tons. “Including nonstandard mandarin will hit 6-7 thousand tons.

Train Schedule Changed Due to New Restrictions

Due to the new traffic restrictions in seven big cities of Georgia from 22:00 to 05:00, the Georgian Railway is changing the schedule of trains.

Ryanair Remains on the Georgian Air Market

Irish low-cost airline Ryanair remains in the Georgian air market.