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bribery prevalence

Georgia’s sovereign credit rating is left unchanged by S&P and Fitch

3 mins read

The FINANCIAL — Despite the COVID-19 pandemic and the global economic crisis that is in the world, two very influential rating companies, Fitch and S&P, have left Georgia’s sovereign rating, perspective and outlook unchanged at BB level. According to the report of the international rating agency S&P, the retention of economic stability despite external challenges was deemed a strong point of Georgia’s sovereign credit rating. The fact that Georgia’s perspective and credit rating remained the same considering that the ratings of a number of countries have deteriorated, clearly indicates confidence in Georgia’s economic policy. According to Ministry of Economy and Sustainable…

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Georgia’s sovereign credit rating is left unchanged by S&P and Fitch

3 mins read

The FINANCIAL — Despite the COVID-19 pandemic and the global economic crisis that is in the world, two very influential rating companies, Fitch and S&P, have left Georgia’s sovereign rating, perspective and outlook unchanged at BB level. According to the report of the international rating agency S&P, the retention of economic stability despite external challenges was…

Georgia was ranked in the World Bank’s Top 10 in terms of the low bribery prevalence

3 mins read

The FINANCIAL — The World Bank has published a new Enterprise Surveys. Over 164,000 of companies from 144 countries were involved in these surveys and Georgia was in the top 10 countries in terms of low bribery prevalence. In Georgia, the percent of firms that said they would expect to have to give a ‘gift’ in order to…