TBILISI, DFWatch–The number of people who visited Georgia has increased by 26 percent in the first seven months of 2013 compared to the same period last year.
Giorgi Sigua, Chairman of the National Tourism Administration, said at a briefing that in the first seven
TBILISI, DFWatch–The president of the European Bank for Reconstruction and Development (EBRD) says Georgia’s bank sector is in ‘a very good shape’.
Sir Suma Chakrabarti, EBRD President, said in an interview with the Georgian edition of Forbes Magazine that many
TBILISI, DFWatch-Georgia and Ukraine plan to increase bilateral trade turnover to one billion USD in 2013.
This was reported by Ukrainian media after a meeting between Vice Prime Minister of Ukraine Olexandr Vilkul and Georgian Ambassador Mikhail Ukleba.
Vilkul said
TBILISI, DFWatch–A peach farmer in Georgia has cut down his plantation because the government hasn’t helped him and his colleagues deal with a slump in the market price.
When Gia Shaoshvili , a resident of the village Chumlaki in the eastern Kakheti region, carried
TBILISI, DFWatch–Georgia’s economy and finance ministries claim that data recently published by the National Statistics Department, GeoStat, showing negative economic growth is not final and will be adjusted twice.
On Wednesday, GeoStat published a report about
TBILISI, DFWatch–Davit Bakradze, the National Movement’s presidential candidate, asks Prime Minister Bidzina Ivanishvili for a meeting to discuss how to get the country’s economy out of the crisis. The PM has not yet responded.
On Wednesday, the National Statistics
TBILISI, DFWatch–The new government in Georgia is coming under fire for its economic policy.
Figures from the National Statistics Department, GeoStat, show that GDP in June was negative -0.8 percent compared to same period last year.
President Saakashvili’s party
TBILISI, DFWatch–Georgia has exported more than 1.7 million bottles of wine to Russia after the lifting of an embargo from 2006, says Minister of Agriculture Shalva Pipia.
Russia is now among the top five export markets for Georgia for wine, Pipia said Monday.
TBILISI, DFWatch–The World Bank is funding a USD 60 million program to support competitive and inclusive economic growth in Georgia.
Signing the formal agreement for the Bank was its Regional Director for South Caucasus, Henri Kerali, and for Georgia, Finance
TBILISI, DFWatch–Despite the prime minister’s prognosis and the state budget, the minister of economy and the minister of finance say it is impossible to achieve 6 percent economic growth by the end of the year.
Minister of Economy Giorgi Kvirikashvili said on