Economy

CENN about Water Deficit at Ski Resorts

 CENN has unveiled real reasons that have caused water deficit at Georgian ski resorts.

Municipal Development Fund Presents Annual Report

Giorgi Shengelia, Executive Director of the Municipal Development Fund of the Ministry of Regional Development and Infrastructure of Georgia presented the year 2019 report at the Self-government Committee Session.  

National Bank of Georgia to Become Member of IOPS

Formed in July 2004, the IOPS was instigated by the Organisation for Economic Co-operation and Development (OECD) and the International Network of Pension Regulators and Supervisors (INPRS).

Georgia’s HPP Generation Declined by 9.2% in 2019

The Georgian power sector recorded a contraction in domestic power generation in 2019.

HTM Helicopter Travel Munich GmbH Licensed to Perform Flights to Gudauri and Mestia

LEPL Civil Aviation Agency of Ministry of Economy of Georgia has licensed HTM Helicopter Travel Munich GmbH to perform flights at ski resorts.

1800 GEL on Average - Salary for Teachers Increases

Vocational education teachers' salaries will increase to an average of GEL 1800.

Government Terminates Contract with Anaklia Development Consortium

Georgian Ministry of Regional Development and Infrastructure has released a special statement regarding the contract agreement with Anaklia Development Consortium.

Flight Ban as Georgia’s Key Challenge in 2019; Putin’s Expectations Failed

As a result, direct air flights between Russia and Georgia ceased and air business essentially damaged