World Bank: Growth Projected to Slow Due to Impacts of COVID-19 in Georgia
Decisive policy measures that prioritize investments in health care systems and provide safety nets for people, especially the most vulnerable, are critical to mitigating the impacts of the COVID-19.
Government Relocates 850 million GEL Deposits from Commercial Banks to National Bank
The Government of Georgia has withdrawn its GEL-denominated deposits from Georgia-based commercial banks.
StopCov Fund Mobilized 100 Million GEL - More Companies Donate to Fund Totaling 124.5 Million
The amount of money transferred to the StopCoV fund created by the Government of Georgia has increased by the whole 100 million GEL and it is 124 543 899 GEL.
Several Tens of Companies Refused to Resume Operation after Inspection
We have inspected 40 companies and 14 ones were found with defects, Georgian Economy Minister Natia Turnava told reporters after the meeting of the Government’s coordination board.
Shuakhevi Hydro Power Plant Commences Commercial Production
Shuakhevi Hydro Power Plant (HPP), has started commercial production of electricity.
EUROCONTROL Delays Air Traffic Tax for Airlines Publishing Deferral Schedule
EUROCONTROL member states have agreed on a € 1 billion financial package to defer airfare to airlines.
Challenges in Logistics Sector
The global crisis amid the pandemic and current challenges in the logistics sector – Giorgi Doborjginidze, director of the Logistics Association, discussed the mentioned issues for Business Partner TV program.
Shane Rosenthal: Region's Economy will Suffer Between USD 60 to USD 297 Billion Due to Pandemic
According to Shane Rosenthal, the Permanent Representative of the Asian Development Bank in Georgia, the region's economy will suffer between $ 60 billion and $ 279 billion due to the current pandemic.
Maritime Transport Agency: Seaports Continue 24/7 Operation
The coronavirus pandemic has reaffirmed that maritime transport remains the backbone of the international trade
