Economy
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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05 August, 2019
05 August, 2019
“The bank’s 20-year long presence in Georgia was marked by many challenges and success stories.
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PHOTO OF THE DAY
GEL Exchange Rate
Convertor
02.07.2020
03.07.2020
USD
1
USD
3.0567
3.0463
EUR
1
EUR
3.4247
3.4381
GBP
1
GBP
3.7928
3.8124
RUB
100
RUB
4.3017
4.3310
Other Stories
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.
The UN Human Rights Council adopted a resolution on the occupied territories of Georgia - "Cooperation with Georgia" within the framework of its 43rd session.
Given that one year has passed since June 20, 2019, it is interesting to see how the West assesses the developments in Georgia during this one year and what expectations it has for the October parliamentary elections.
The Eastern Partnership (EaP) marked its 10th anniversary in 2019. The round dates always come with reflections and new resolutions for the future.
According to a government decree, rail traffic has been resumed today, June 15.
According to Paata Imnadze, Deputy Director of the National Center for Disease Control, the second wave of coronavirus will most likely occur, and if the population does not follow the rules, it will occur sooner.
According to the government's decree, the railway travel will restart from 15 June. As the Georgian Railway states, the company is ready to ensure the safe transportation of its passengers and to follow the Healthcare Ministry's regulations.
Israeli asked Georgia to postpone opening up bilateral tourism, - Administration of the Government of Georgia stated.
The government's report about the measures taken against COVID-19 says that 60 273 coronavirus PCR testings were done on primary samples in Georgia in the period of 30 January - 3 June.
GEL Exchange
USD
1
USD
3.0463
EUR
1
EUR
3.4381
GBP
1
GBP
3.8124
RUB
100
RUB
4.3310
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