Georgia

IMF Reaches Staff-Level Agreement on the Third Review for Georgia’s Extended Fund Facility

The FINANCIAL -- The IMF team has reached a staff-level agreement with the authorities on completing the third review under the Extended Fund Facility program. The IMF Executive Board is expected to consider the review in December ...

New Brand by Teliani Valley “MTAVRULI” to be Exported Soon

The FINANCIAL -- One of the top producers of quality Georgian wines - Teliani Valley - has announced a new brand. The name of the brand is “MTAVRULI”, and is related to the Georgian script “Aso ...

Giorgi Kakauridze: “Current expenses will be decreased for the next year. In 2018, current expenses are 23% whilst they will be 22.6% in 2019 and we are going to increase capital expenditures.”

The FINANCIAL -- Verdict: FactCheck concludes that Giorgi Kakauridze’s statement is ...

Mikheil Saakashvili: “In my time, debt decreased by 50% as compared to Shevardnadze’s time. The Georgian Dream has doubled the debt in six years.”

The FINANCIAL -- Verdict: FactCheck concludes that Mikheil Saakashvili’s statement is HALF ...

Georgian Banking vs Crypto Currencies

The FINANCIAL -- What should we expect in the next few ...

ISFED: Parallel Vote Tabulation Results

The FINANCIAL -- The International Society for Fair Elections and Democracy (ISFED) has published the results of the parallel vote tabulation (PVT) ...

Georgia's Presidency to be Decided by Runoff after Closely Fought First Round

The FINANCIAL -- TBILISI -- Georgia's presidential election will go to a runoff after French-born former Foreign Minister Salome Zurabishvili won the first round by a razor-thin margin but failed to ...