Economy

TBC Capital: Economic Decline will Slow in the Coming Months

TBC Capital has published a macroeconomic overview of the country's major macroeconomic indicators.

Turkish Airlines to Resume Flights to Batumi and Tbilisi on September 1

On September 1 Turkish Airlines will resume flights to Tbilisi and Batumi, the Turkish edition Daily Sabah reports.

Oil Bitumen Imports Decline by 31.1% in January-July

As noted by the Union of Oil Products Importers, oil bitumen imports in January-July declined by 31.1%.

Money Transfers in July Rise by 22.1%

In July 2020, the volume of money transfers from abroad constituted 188.7 million USD (578.0 million GEL), which is 22.1% (34.2 million USD) more than the amount in July 2019, reported National Bank of Georgia (NBG).

Farmers to Pick about 55,000 tons of Hazelnuts in 2020

Farmers in Samegrelo Region have started picking hazelnuts.

Diesel Imports Grow in January-July

As noted by the Union of Oil Products Importers, in July 2020, Georgia imported 110,400 tons of petrol and diesel, up 11,400 tons

Tbilisi to Have 10 Newly Renovated Metro Stations

Ten metro stations of the Tbilisi metro system will be renovated with the financial support of the European Bank for Reconstruction and Development (EBRD), Tbilisi Mayor Kakha Kaladze has announced.

Gomismta – How to Develop the Resort

The Government has launched a system registration of lands in Gomismta.

Khashuri Bypass Road to Open in the Second Half of August

The construction of the Khashuri bypass road, which is part of the East-West Expressway (E60) as part of the Upper Osiauri-Chumateteli project, is nearing completion.