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).
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
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.
Read more
06 September, 2019
06 September, 2019
Summer, the season of endless fun and vacations, has ended and Tbilisi has become a usually crowded city.
Read more
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.
Read more
05 August, 2019
05 August, 2019
“The bank’s 20-year long presence in Georgia was marked by many challenges and success stories.
Read more
PHOTO OF THE DAY
GEL Exchange Rate
Convertor
30.05.2020
31.05.2020
USD
1
USD
3.1761
3.1761
EUR
1
EUR
3.5366
3.5366
GBP
1
GBP
3.9161
3.9161
RUB
100
RUB
4.5026
4.5026
Other Stories
All kinds of municipal transport services – including Tbilisi Metro – have been resumed throughout Georgia today.
All types of municipal transport will be reopened from May 29, Prime Minister of Georgia Giorgi Gakharia said at the meeting of the Inter-Agency Coordination Council on COVID-19 today.
The President of the United States of America Donald Trump sent a letter of congratulations to the Prime Minister of Georgia Giorgi Gakharia on Independence Day.
US Ambassador to Georgia Kelly Degnan has congratulated Georgia on the Independence Day.
U.S Naval Institute publishes an article on its official web-site writing that while the many U.S. defense officials and analysts focus almost entirely on threats posed by China, we have to remind ourselves not to dismiss Russia in this.
Georgia’s president has warned that Russia’s struggle to contain the spread of coronavirus and an economic crisis compounded by an oil price collapse risk is triggering new Kremlin aggression beyond its borders, - reads an article published by Financial Times.
Production, advertising, use, and transportation of maps and other objects reflecting the violation of the principle of territorial integrity of Georgia will be considered as an illegal act.
According to Amiran Gamkrelidze, Head of the National Center for Disease Control, tourists will likely have to present a document while entering Georgia that they had been tested in the last 72 hours and the result was negative.
Turkey has started accepting foreign patients from several countries, including from Georgia.
GEL Exchange
USD
1
USD
3.1761
EUR
1
EUR
3.5366
GBP
1
GBP
3.9161
RUB
100
RUB
4.5026
June 2020
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30