Iranian proxy groups' recent rocket attack on the U.S. Embassy in Baghdad and rallies against the U.S. military presence in Iraq have sparked fears of renewed unrest in the region. Despite efforts to scale down U.S. commitments in the Middle East and focus on the great power competition with China and Russia, it is clear that Iran’s assertiveness, instability in Iraq, the ...
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 ...
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 ...
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 ...
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. ...
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 ...
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 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 ...
Education in Georgia is essentially the responsibility of the public sector (the vast majority of total enrolmentin the case of General education) and has received a lot of attention in recent years ...
The FINANCIAL -- On January 1, North Korea’s ruling-party newspaper published the results of a meeting with ominous implications. Chairman Kim Jong Un had declared that the world would soon ...
The FINANCIAL--Communications company Noblet Media CIS, Edelman affiliate, in partnership with Info Sapiens research agency, presented the survey on lifestyle and financial views of middle and ...
The gap closes
In April 2020, total generation and consumption nearly balanced (944 mln kWh of generation and 941 mln kWh of consumption), with power generation exceeding consumption by only 3 mln. ...
The average cost of cooking one standard Imeretian Khachapuri in May 2020 stood at 4.18 GEL; 6.8% lower month-on-month compared to April. However, the Khachapuri Index did increase by 24.9% ...
Georgia reacted to the COVID-19 pandemic by immediately introducing aggressive measures. Closing international borders, declaring a state of emergency, shutting down public transportation, banning ...
A nationally representative sample of around 350 Georgians, interviewed in early May, reveals that Georgian Consumer Confidence rose in May compared to the prior month, by 8.1 index points, from ...
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, ...
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 ...
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 ...
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is ...
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