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Georgia’s economic recovery from the pandemic

2 mins read

The FINANCIAL — Coronavirus pandemic resulted in the most severe global economic contraction of 21 century, however,  the world is slowly recovering from the most drastic global economic crisis since the Great Depression. TBC Capital published the research about tracking the recovery of Georgian economy. Authors of this publication are, Otar Nadaraia, Mary Chachanidze, Aleqsandre Bluashvili and Tornike Kordzaia.  According to the research, transaction registrations in Tbilisi approaching a positive growth territory. Year over year change in mortgages stood at 7% in the week ending on 29 th July. New issuances remain on a growth trend from the beginning of the month. Of mortgages issued since…

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Georgia’s economic recovery from the pandemic

2 mins read

The FINANCIAL — Coronavirus pandemic resulted in the most severe global economic contraction of 21 century, however,  the world is slowly recovering from the most drastic global economic crisis since the Great Depression. TBC Capital published the research about tracking the recovery of Georgian economy. Authors of this publication are, Otar Nadaraia, Mary Chachanidze, Aleqsandre Bluashvili and Tornike Kordzaia. …