Economy

Keld Mosgaard Christensen: We Hope Ferry Traffic will Start with Romania Soon

Our objective is to shape a cost-effective corridor with high-technology equipment and refined logistics

Georgia’s Foreign Trade Turnover in January-September Declined by 14.9%

Georgia’s foreign trade turnover in January-September 2020 (without undeclared trade) marked $8.121 billion, down 14.9% year on year.

Government of Georgia: About 100,000 Citizens Have Lost Jobs

After the COVID-19 outbreak in Georgia, about 100,000 citizens have lost job places, Deputy Finance Minister Giorgi Kakauridze noted after the parliament’s hearing on October 12.

GM Opinion: How to Compensate GEL Depreciation and Narrowing Exports

Georgian Manganese Company has named one of the key reasons behind the national currency volatility.

Rehabilitation of Enguri HPP to Start in February

Rehabilitation of Enguri HPP will start on February 15. Work on the diversion tunnel of Georgia's largest hydropower plant will last for three and a half months and will be completed by the end of May.

New Bypass Road to be Built Connect with Poti Port

A new road will be built to connect with Poti port.

Georgia Plans to Purchase Electricity from Turkey

Georgia plans to purchase electricity from Turkey.

State Budget to Finance Agriculture Sector by GEL 416 million in 2021

The Government of Georgia will finance the agriculture sector by GEL 416 million in 2021, under the state budget bill.

International Companies to be Provided with Significant Tax Relief

The international companies will be provided with significant tax relief, – the Prime Minister of Georgia, Giorgi Gakharia said.