Economy
07 July, 2020
07 July, 2020
With the World Bank's $80 million Emergency COVID-19 Response project financial support and mediation, the government of Georgia was able to procure 147 000 Rapid COVID-19 Antibody and Antigen Test Kits and 250 000 PCR Test, that will triple Georgia's testing capacity to 3000 samples per day by mid-July, - reports World Bank.
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03 May, 2020
03 May, 2020
Business associations representing various sector of the hospitality industry in Georgia agreed to establish Georgian Tourism Industry Alliance (GTIA).
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02 May, 2020
02 May, 2020
The Executive Board of the International Monetary Fund has approved US$200 million financing to Georgia to address the effects of the COVID19 pandemic.
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01 May, 2020
01 May, 2020
Georgia’s Minister of Economy and Sustainable Development Natia Turnava pledged that Georgia would be one of the first countries to open safe tourist corridors with other countries.
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30 April, 2020
30 April, 2020
International Monetary Fund forecasts a 4% contraction of Georgia’s economy, which very much depends on tourism and money transfers.
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30 April, 2020
30 April, 2020
Pandemic has affected everyone worldwide, but one of the most vulnerable are retailers, those who depend on consumers and their spending.
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30 April, 2020
30 April, 2020
According to the 2019 Open Budget Survey (OBS), conducted by the International Budget Partnership (IBP), Georgia got 81 points out of 100 in state budget transparency, the Transparency International Georgia said on Wednesday.
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29 April, 2020
29 April, 2020
Within the GRETA project, the EU, Sweden and Austria launched the Local Development Initiative (LDI), to create great economic opportunities in the organic agriculture sector for farmers, farmer groups, cooperatives, processing units as well as other actors along various organic value chains.
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24 April, 2020
24 April, 2020
Food chain security is becoming more and more important as lockdown stays in place and farmers cannot transport their products from one place to another.
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24 April, 2020
24 April, 2020
Georgian government has introduced a crisis management plan that consists of different stages. GEL 3.5 billion will be spent to cushion economy but this amount does not cover the post-crisis recovery period.
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22 April, 2020
22 April, 2020
Due to the economic crisis caused by the pandemic of the coronavirus disease COVID-19, the EU has proposed a new package of macro-financial assistance.
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22 April, 2020
22 April, 2020
Air traffic in Georgia will stay halted until May 22, 2020, Georgian Civil Aviation Agency says in a statement.
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09 April, 2020
09 April, 2020
Prime Minister of Georgia Giorgi Gakharia held a video conference with the presidents of the EBRD and ADB regarding the possible assistance and financial resources to be allocated to Georgia due to the challenges associated with the global pandemic.
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06 April, 2020
06 April, 2020
The EBRD and Georgia are stepping up cooperation as the country's economy faces the challenge of the coronavirus outbreak – says an official statement published on ebrd.com.
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16 March, 2020
16 March, 2020
The season at the ski resorts of Georgia closes ahead of schedule, the Prime Minister’s spokesman, Irakli Chikovani, said at a briefing.
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02 March, 2020
02 March, 2020
A new Georgian armored vehicle Didgori, equipped with a 120mm mobile mortar module, will be exported under the agreement signed between the Military Scientific-Technical Center Delta and one of the countries of the Middle East, the Ministry of Defence said.
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18 September, 2019
18 September, 2019
It's not a simple job to find fresh homes. But when you use the estate choice service Korter, everything becomes distinct.
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17 September, 2019
17 September, 2019
Are you thinking of booking the best vehicles for your next trip at a very reasonable price? If yes, then this is one of the best decisions you can ever make for yourself.
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06 September, 2019
06 September, 2019
Summer, the season of endless fun and vacations, has ended and Tbilisi has become a usually crowded city.
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06 August, 2019
06 August, 2019
Devaluation of the national currency has sent shockwaves among citizens in Georgia. Officials think that the trend will return to its normal frame, though.
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PHOTO OF THE DAY
GEL Exchange Rate
Convertor
11.08.2020
12.08.2020
USD
1
USD
3.0743
3.0747
EUR
1
EUR
3.6138
3.6272
GBP
1
GBP
4.0061
4.0294
RUB
100
RUB
4.1709
4.2244
Other Stories
Primary health care sector in Georgia will be further supported through the establishment of the joint programme between UNICEF Georgia and Caritas Czech Republic in Georgia.
Primary health care sector in Georgia will be further supported through the establishment of the joint programme between UNICEF Georgia and Caritas Czech Republic in Georgia.
Congressman Adam Kinzinger, Chairman of the Georgian Caucus of Congress, is one of the main authors of critical letters received by the Georgian government in recent months.
Matthew Bryza worries new telecommunications law targets Caucasus Online and will block major investments that could make Georgia the strategic center of a “digital silk road”
"Czech contribution in monitoring COVID-19 in Georgia was invaluable and hugely important” - Georgia’s Health Minister Ekaterine Tikaradze praised the Czech Republic’s contribution during Friday meeting with the Ambassador of the Czech Republic to Georgia, H.E. Petr Mikyska as the Georgian and Czech sides met to discuss various aspects of joint collaboration.
Discover what is yours - Travel to Georgia - This is the main call of the year of the Georgian National Tourism Administration, which advises all residents of Georgia to travel, get to know and discover their own country, once again to make sure that Georgia is truly distinguished by its sights, nature, history and with the diversity of touristic destinations.
Pregnant women throughout Georgia are invited to attend free virtual sessions led by top gynecologists and have answers to their most pressing questions answered, - reads the statement by UNICEF.
With the World Bank's $80 million Emergency COVID-19 Response project financial support and mediation, the government of Georgia was able to procure 147 000 Rapid COVID-19 Antibody and Antigen Test Kits and 250 000 PCR Test, that will triple Georgia's testing capacity to 3000 samples per day by mid-July, - reports World Bank.
The Ministry of Foreign Affairs of Georgia responds to the statement of the Russian Foreign Ministry regarding Lugar's laboratory.
UNDP Georgia states that boosting the healthcare system with digital solutions in Georgia will enable thousands of medical staff to improve their skills in treating infectious diseases.
GEL Exchange
USD
1
USD
3.0747
EUR
1
EUR
3.6272
GBP
1
GBP
4.0294
RUB
100
RUB
4.2244
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