Economy

Georgia has Fewest Flights Among 42 European Countries

Georgia has the lowest number of flights among 42 European countries as of August 14.

Unemployment Rate Increases in Georgia

In the second quarter of 2020, the unemployment rate in Georgia increased by 0.9 percentage points to 12.3% compared to the same period last year.

Retail Spaces to be Arranged Near the New Khashuri Highway

The 13-km bypass section of Khashuri will be opened on the East-West Expressway (E60) in the second half of August.

TBC Capital: Economic Decline will Slow in the Coming Months

TBC Capital has published a macroeconomic overview of the country's major macroeconomic indicators.

Turkish Airlines to Resume Flights to Batumi and Tbilisi on September 1

On September 1 Turkish Airlines will resume flights to Tbilisi and Batumi, the Turkish edition Daily Sabah reports.

Oil Bitumen Imports Decline by 31.1% in January-July

As noted by the Union of Oil Products Importers, oil bitumen imports in January-July declined by 31.1%.

Money Transfers in July Rise by 22.1%

In July 2020, the volume of money transfers from abroad constituted 188.7 million USD (578.0 million GEL), which is 22.1% (34.2 million USD) more than the amount in July 2019, reported National Bank of Georgia (NBG).

Farmers to Pick about 55,000 tons of Hazelnuts in 2020

Farmers in Samegrelo Region have started picking hazelnuts.

Diesel Imports Grow in January-July

As noted by the Union of Oil Products Importers, in July 2020, Georgia imported 110,400 tons of petrol and diesel, up 11,400 tons