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Georgia

Since 2005 year TAV Georgia has made 220 million USD worth investment


11 mins read

The FINANCIAL — “My appointment in the position of the General Manager of TAV Georgia implies double responsibility for me as aside from the fact that I am the first Georgian General Manager who is a woman at the same time, I represent a global brand in the field of aviation in Georgia, managing two main, strategically important airports of the country together with my professional team,“Tea Zakaradze, first Georgian General Manager of TAV Georgia.

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Since 2005 year TAV Georgia has made 220 million USD worth investment


11 mins read

The FINANCIAL — “My appointment in the position of the General Manager of TAV Georgia implies double responsibility for me as aside from the fact that I am the first Georgian General Manager who is a woman at the same time, I represent a global brand in the field of aviation in Georgia, managing two main,…

5 Adventurous Things To Do In Georgia

5 mins read

With the summer season at its peak, it’s time to experience some water-based or other types of adventurous activities in Georgia. But, of course, it would help if you packed up for the outdoor activities in some scenic places.…

What is the income of teachers in Georgia?

7 mins read

The FINANCIAL -- The pandemic has not affected teachers’ incomes in Georgia. Nothing has changed financially in schools or regarding private tutoring, and The Ministry of Education has promised teachers that their salaries will increase by GEL 100 (USD 30.77) from January 2021.…

Enmedic Clinic Strengthening its Inpatient and Outpatient Services for Liver Pathologies

5 mins read

The FINANCIAL -- Enmedic Clinic is planning to expand its central clinic located in the Georgian capital Tbilisi and strengthen both inpatient and outpatient directions for liver pathologies this year.…

US military presence in Georgia would help deter Russia and contain Iran

6 mins read

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…

Georgia Among the Poorest Countries Missing COVID-19 Vaccines

10 mins read

The FINANCIAL -- Current models predict that there will not be enough vaccines to cover the world's population until 2023 or 2024, according to the report by The Launch and Scale Speedometer. Manufacturing capacity can be expanded with targeted investment but only to an extent and it will remain a rate limiter.In this context, COVAX and…

Georgia Launches This Year’s Best Annual Report and Transparency Award with European Union and World Bank Support

4 mins read

The FINANCIAL -- The European Union and World Bank joint project - Georgia Financial Inclusion and Accountability – in partnership with the National Reforms Support Foundation in Accounting, Reporting and Auditing (RSF), held a virtual award ceremony for the second Best Annual Report and Transparency Award (BARTA).…

Killing Anaklia Project

1 min read

In early 2020 the Georgian Government canceled the multibillion-dollar Anaklia Port Project. Anaklia Development Consortium — the project’s developers — have accused the Government of trying to deliberately sabotage the project because the government fears pressure from Russia, did not want western investment and the ruling party wanted to support a different port project. Interview…

Berdia Sichinava: 2,501 new cases and 3,988 recoveries confirmed in the past 24 hours Print Version

1 min read

The FINANCIAL -- In the past 24 hours, 2,501 new infection cases have been confirmed, Berdia Sichinava, Deputy Head of the Task Force under the Interagency Coordination Council, stated during today's briefing at the Administration of the Government.…

UNDP and partners devote $700k to supporting entrepreneurship in Georgia’s regions

4 mins read

The FINANCIAL — As the pandemic pushes Georgia’s economy into recession, with the severe job and income losses, local entrepreneurship and economic initiatives are key to protecting incomes of rural communities and bolstering their resilience to the crisis. To support economic recovery in Georgia’s regions, UNDP has committed USD 700,000 to promising local economic and…

External merchandise trade in Georgia (Jan – Oct 2020)

2 mins read

The FINANCIAL — National Statistics Office of Georgia published preliminary results of the external merchandise trade in Georgia in January – October 2020.  In January-October 2020 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 9 159.5 million, 15.0 percent lower to the same period of 2019. The exports equaled USD 2 715.3 million…

Domestic exports of Georgia in January – October 2020

1 min read

The FINANCIAL — National Statistics Office of Georgia published preliminary results of the domestic exports of Georgia in January – October 2020.  In January-October 2020 the exports of Georgia (excluding non-declared exports) equaled USD 2 715.3 million, 11.1 percent lower year-on-year. Share of the domestic exports in total export constituted 72.1 percent and amounted to USD…

In Q3 of 2020 unemployment rate in Georgia increased by 0.7%

2 mins read

The FINANCIAL — National Statistics Office of Georgia published Q3 data on indicators of the economic activity of the population. In the III quarter of 2020 the unemployment rate in Georgia increased by 0.7 percentage point compared to the corresponding period of the previous year and equaled 11.9 percent. The chart below presents the unemployment…

Agriculture of Georgia: Q3 Preliminary data on animal husbandry

1 min read

The FINANCIAL — National Statistics Office of Georgia published third quarter preliminary data on animal husbandry of Georgia. According to the preliminary data, at the end of the III quarter of 2020 the number of bovine animals increased by 4.9 percent compared to the III quarter of 2019 and reched 955.0 thousand heads. Of which, the total…

OSCE PA leaders call political parties to participate in the work of the new parliament

3 mins read

The FINANCIAL — Amidst demands by the opposition for repeat parliamentary elections in Georgia and US Secretary of State Mike Pompeo’s visit to the South Caucasus country, the OSCE Parliamentary Assembly’s political and security Chair and the leaders of the OSCE’s recent election observation mission reiterated that political deadlock must be overcome in order to…

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