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100% share of Georgian Railways Transferred to the Government

100% share of the Georgian Railways from the "Partnership Fund" was transferred directly to the Government of Georgia, - it was noted in the official statement sent to investors by the London Stock Ex...

Economics 1673514360

Tbilisi and Batumi Airports Obtain Airport Health Accreditation Certificates

Tbilisi International Airport received the ACI Airport Health Accreditation certificate for the third time and Batumi International Airport for the second time. According to TAV Georgia, the certifica...

Economics 1673687220

Khidureli: Indorama Corporation Plans to Make Significant Investments in Georgia

With the introduction of the largest Singaporean corporation to Georgia, the investment potential of our country has been demonstrated with another large-scale project, - said Mikheil Khidureli. The d...

Economics 1673860080

Levan Davitashvili: Trade Rurnover Exceeded $1 Billion Between Georgia and Armenia

In recent years, the economic relations between our countries have been particularly active, among them, the trade turnover has increased significantly, and according to the data of the first eleven m...

Economics 1673946323

Vakhtang Tsintsadze: Volume of Exports In December Set a Record

As compared to all other months, December's export volume of 555 million dollars set a record, according to Vakhtang Tsintsadze, deputy minister of economy. "Certainly, the growth of exports makes a p...

Economics 1673946512

EBRD Allocates €55.6 Million to Modernize Tbilisi Metro

Georgia has secured € 55.6 million from the European Bank for Reconstruction and Development (EBRD) for the renovation of Tbilisi Metro stations. The Tbilisi Transport Company will undertake the recon...

Economics 1674025674

Georgian Food
Entrepreneur Develops Georgian Food Tourism with Support from EU, Sweden, and Austria

When Nanuli Chelidze went to the bank to get credit for expanding her guesthouse in Ushguli, she only brought one thing – the notebook filled with reviews from tourists who had stayed at her property...

Economics 1674139860

China was the Largest Export Country for Georgia in 2022

According to the preliminary data of Geostat, in 2022 the share of the 10 largest export partner countries in the total export of Georgia amounted to 78.6%. According to Geostat, China takes the first...

Economics 1674472430

ეროვნული ბანკი
NBG keeps its monetary policy rate unchanged at 11%

On February 1, 2023, the Monetary Policy Committee of the National Bank of Georgia (NBG) decided to keep the monetary policy rate (the refinancing rate) unchanged. The monetary policy rate stands at 1...

Economics 1675242647

How Many People Earn more than 100,000 GEL a Month in Georgia?

In December 2022, 1,183 people received more than 100,000 GEL income, their total income, before paying taxes, was 445,931,736 GEL. This means that on average, the income of 1 person was up to 377 000...

Economics 1675242999