TBILISI, DFWatch–The lari, Georgia’s embattled national currency, showed signs of recovery on Thursday after both the National Bank and the government announced that they are taking measures to stop it from further depreciation.
In recent days, the national
TBILISI, DFWatch–As the Georgian lari reached a new record low, the Georgian government’s “economy team” gathered to come up with a plan to save the country’s economy.
The US dollar is valued at 2.1771 laris in the most recent figures from the National Bank
TBILISI, DFWatch–Georgia’s foreign trade turnover in January 2015 was 9 percent lower than last year, according to preliminary data published by the National Statistics Department, GeoStat, on Friday.
The total turnover was USD 694 million, out of which export
TBILISI, DFWatch–The Georgian government has downgraded its economic growth outlook for 2015 from five to four percent.
Finance Minister Nodar Khaduri said on Thursday that stagnation is expected in all neighboring countries, and this is reflected in the new
TBILISI, DFWatch–Three percent less people visited Georgia in January 2015, compared to the same period last year, according to new figures from the Ministry of internal Affairs.
The figures were presented on Tuesday by the ministry’s Department of Analysis,
TBILISI, DFWatch–Georgia’s agriculture minister on Wednesday met with the Chinese ambassador to discuss bilateral relations and the mostly positive dynamic in trade relations.
Ambassador Yue Bin said that the year 2014 was the most successful, fruitful and positive
TBILISI, DFWatch–Georgia’s foreign trade turnover in 2014 was five percent more than the previous year according to preliminary data from the National Statistics Department, GeoStat.
The turnover totalled USD 11,459 million.
According to the preliminary
TBILISI, DFWatch–Money transfers to Georgia in December 2014 were 24.9 percent lower than in the same period in 2013, according to new figures from the National Bank.
The amount of money transfers in December was USD 116.1 milllion, which was USD 38.5 million
TBILISI, DFWatch–Georgia had a two percent growth in tourism in 2014.
More than 5.4 million people visited the country last year, which is a 1.9 percent increase compared to 2013.
The Interior Ministry published its monthly statistics of visitors to Georgia,
TBILISI, DFWatch–Head of the parliamentary majority in Georgia is on a visit to China to attract more investments to his country.
China is one Georgia’s top five trade partners. The trade between Georgia and China was USD 564 million in all of 2013, while