The FINANCIAL - Analysis

The 2019 Georgian economy – a year in review

Economic growth – a bird’s eye view of 2019 According to Geostat, the 2019 real GDP growth in Georgia was 5.1% year-over-year (YoY). This figure moderately surpassed NBG’s, ADB’s, EBRD’s, IMF’s and the World Bank’s latest growth projections for 2019, which range from 4.5%-4.7%. However, the real winner in this race was ISET-PI’s annual GDP growth forecast; in May 2019, we ...

The Implications of COVID-19 on the Georgian Power Market

The consequences of COVID-19 on tourism and in the industrial and service sectors have been discussed broadly recently. However, little has been said about the current and future implications on the ...

Verdict: Mamuka Khazaradze’s statement is HALF TRUE.

The FINANCIAL -- Mamuka Khazaradze: In the last seven years, debt increased 2.5 times and reached GEL 22.5 billion whilst seven years ago it was nearly GEL 9 ...

Only 10 years to achieve Sustainable Development Goals

The FiNANCIAL-- Analysis by PwC of over 1000 published reports from listed, private and public sector organisations, highlights that with only ten years to deliver the Sustainable Development Goals ...

Taking Stock of Georgia’s Larization Policy Since 2016: What Worked, What Didn’t, and What Needs to Change

In the past several months the world has been rocked by profound economic and social turbulence. The COVID-19 epidemic has forced many countries around the world into widespread emergency lockdowns. ...

Inclusive and Sustainable Development of the Mountainous Regions: Myth or Reality?

The FINANCIAL -- Mountains cover 54% of Georgia’s territory. People living in those areas represent the most vulnerable group of Georgian society. Land erosion and climate changeare prevalent in ...

Khachapuri Index Hits a Historical High

The FINANCIAL -- The Khachapuri Index reached its historical maximum in October ...

Verdict: Giorgi Gakharia’s statement is a LIE.

The FINANCIAL -- Giorgi Gakharia: Today we have the highest growing economy in the region, we have the fastest economic ...

KPMG rated a global Leader in Corporate Services Consulting by ALM Intelligence

The FINANCIAL -- ALM's Vanguard report evaluates 24 organizations based on their capabilities to help clients improve the performance of back-office functions that support the workforce, including ...

The Warning Bells are Ringing: A Difficult Summer Season for the Georgian Electricity Market

The FINANCIAL -- Historically, the main concern in monitoring the Georgian electricity market derives from the negative generation-consumption gap arising in the winter season. However, persistent ...

Do Families Have Enough Resources To Live On Until The End Of May?

APRIL 2020: Georgian CCI Reaches A Historic Low, Pushed By Unemployment/Financial Fears. Do Families Have Enough Resources To Live On Until The End Of May? Sixty Percent of Responders Said ...

FactCheck found the statement of Minister of Finance of Georgia about COVID support is a Lie

Ivane Machavariani, Minister of Finance: “GEL 1,200 in assistance for six months is little but the US is giving USD 1,200 to the part of the population which meets the income criteria. Taking into ...

Factcheck - Roman Gotsiridze: “According to the government-proposed pension indexing rule, a GEL 400 pension will be in place in six-seven years.”

Verdict: FactCheck concludes that Roman Gotsiridze’s statement is ...

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The 2019 Georgian economy – a year in review

The Implications of COVID-19 on the Georgian Power Market

Verdict: Mamuka Khazaradze’s statement is HALF TRUE.

Only 10 years to achieve Sustainable Development Goals

Taking Stock of Georgia’s Larization Policy Since 2016: What Worked, What Didn’t, and What Needs to Change

Inclusive and Sustainable Development of the Mountainous Regions: Myth or Reality?

Khachapuri Index Hits a Historical High

Verdict: Giorgi Gakharia’s statement is a LIE.

KPMG rated a global Leader in Corporate Services Consulting by ALM Intelligence

The Warning Bells are Ringing: A Difficult Summer Season for the Georgian Electricity Market

Do Families Have Enough Resources To Live On Until The End Of May?

FactCheck found the statement of Minister of Finance of Georgia about COVID support is a Lie

Factcheck - Roman Gotsiridze: “According to the government-proposed pension indexing rule, a GEL 400 pension will be in place in six-seven years.”

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