In May 2024, the consortium consisting of China Communications Construction Company Limited ( CCCC) and China Harbour Investment Pte. Ltd was declared the winner of the international competition for ...

The IMF mission led by Alejandro Heidenberg started work in Georgia, arriving to the country for consultations envisaged by Article 4 of the IMF Charter. On May 21, the mission held meetings at the ...

On the external side, TBC Capital indicates 2 key factors supporting lari exchange rate – improving net foreign currency inflows and global weakening of the US dollar. Full text is not available for ...

In 2024, total operational losses of Georgian banks amounted to 31.1 million lari, the National Bank of Georgia (NBG) said in its report for 2024. If compared to previous year (i.e. 2023) the volume ...

In 2025, it is planned to conduct sectoral analysis based on the data of the credit register, the National Bank of Georgia (NBG) said in its report for 2024. NBG noted also that it is planned to ...

GEORGIA AND QATAR TO HOLD NEGOTIATIONS ON FREE TRADE. Georgia and Qatar agreed to start negotiations on a free trade agreement, Georgia’s Minister of Economy and Sustainable Dev ...

“I believe that this ugliness is unworthy of our beautiful city”, Georgia’s Prime Minister Irakli Kobakhidze declared to journalists regarding the so-called “Rike Jugs” (unfinished building in Tbilisi ...

Tbilisi City Hall reported that construction of an automobile tunnel connecting University and Petre Kavtaradze streets in Vake district has been completed. According to the City Hall, the city budget ...

“We will not allow anyone to organize revolutions in Georgia with money from shadow, opaque sources”, Georgia’s Prime Minister Irakli Kobakhidze declared to journalists. “They will not be able to do ...

In the 1 st quarter, the unemployment rate in Georgia made up 14.7%, increasing by 0.7 percentage points (pp) compared to the same period of 2024, Sakstat reported. The number of unemployed increased ...

The new vice mayor of Tbilisi will be Giorgi Tkemaladze, Mayor Kakha Kaladze said at the city government meeting today. Since 2017, Tkemaladze was chairman of the Tbilisi Sakrebulo (city council).

NUMBER OF PASSENGERS TRANSPORTED BY GEORGIAN RAILWAY DECREASED BY 25.1% Y-O-Y. In the 1 st quarter, 348,800 passengers were transported by rail of Georgia, Sakstat reported ...