Saturday, May 2, 2026

Georgian National Bank raises interest rates to deal with falling lari

National_Bank
(Interpressnews.)

TBILISI, DFWatch–For the second time this year, the National Bank has increased the refinancing rate by half a percentage point. The rate now stands at 5 percent.

About 8,000 people will have higher interest rate on their loans because of the change. Economic

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Parliament anxiously awaiting the president's list for new government

davit_usupashvili
Davit Usupashvili. (Interpressnews.)

TBILISI, DFWatch–Friday is the last day for the president to present parliament with his candidates for a new government.

Speaker of Parliament Davit Usupashvili Tuesday evening warned President Giorgi Margvelashvili about the terms of the procedure by saying

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Georgia-Armenia row brewing over contacts with separatists

anatoly_bibilov
Anatoly Bibilov, speaker of the South Ossetian de facto parliament. (Interpressnews.)

TBILISI, DFWatch–A diplomatic row is brewing between Georgia and Armenia after the speaker of Armenian parliament met with the de facto parliament speaker of South Ossetia.

Yesterday, Russian media reported that there had been a meeting between the speaker

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