The private sector has been talking about shortage of labor force for many years, the newspaper says. Levan Vepkhvadze, executive director of the Georgian Business Association, indicates: “We see that ...

We maintain our baseline scenario, according to which lari exchange rate by the end of 2024 will be 2.8 GEL/USD, TBC Capital said in its weekly review published today. In the future, the company ...

A non-agricultural land plot in Khelvachauri municipality was handed over for 3 years to LLC Ambassadori Batumi Island (which is building an artificial island in Batumi) for the purpose of using ...

Today, a memorandum of cooperation was signed between Georgian National Energy and Water Supply Regulating Commission and Georgian Competition and Consumer Protection Agency.

During his visit to Kazakhstan, Georgia’s Vice Premier and Minister of Economy and Sustainable Development Levan Davitashvili met today with Kazakh Prime Minister Olzhas Bektenov.

National Bank of Georgia (NBG) reported about signing of a cooperation memorandum with National Bank of Kazakhstan. The document was signed during Georgian delegation’s visit to Kazakhstan. Full text ...

We are leaving for summer holidays. Accordingly, our site will not be updated until September 2. Wish you all joyful holidays too.

Georgian government approved 2 agreements on wind farms’ feasibility study, construction, ownership and operation. One agreement should be signed with LLC Karis Nakadi regarding the Zemo Imereti wind ...

The World Bank places Georgia the 42 nd among 152 countries in terms of average interest rate on loans issued by banks. At the end of 2023, average annual rate of interest on loans issued by Georgian ...

In the Global Cybersecurity Index for 2024, published by International Telecommunication Union (ITU), Georgia with 91.92 points is at Tier 2 (Advancing). Georgia received the maximum number of points ...

However, the statement reiterates that regime of international sanctions applies to a citizen of Georgia only in case of verdict, made by Georgian court in connection with the sanctions.

In 2014-2023, up to 500 million lari were spent on subsidizing rtveli (vintage), reported TI Georgia, Georgian branch of Transparency International. In particular, in 2023, 91 companies received a ...