TBILISI, August 31 – Georgia is bringing in far more milk from abroad this year to cover demand. From January to July 2025, the country imported about 11,100 tons of milk and cream worth USD 12.4 million, which is a sharp rise from 7,500 tons worth USD 8.9 million during the same period last year. … Read more
TBILISI, August 31 – In Georgia, local farmers and food producers are struggling to compete with imported goods, not because of lack of supply, but due to the many fees supermarkets impose to get products on their shelves. Almost every supermarket in the country is filled with imported food. Domestic products are harder to find, … Read more
TBILISI, August 26 – Georgia’s foreign currency reserves have surpassed USD 5 billion for the first time, according to the National Bank of Georgia (NBG). Since January, the NBG has added about USD 1.3 billion to reserves through market interventions. July alone brought a net purchase of USD 416.9 million, the strongest monthly figure so … Read more
TBILISI, August 21 – Georgia exported over seven times as much apples this year, compared to last. The growth is tied to poor harvests in neighboring countries. Apple exports between January and July rose an astonishing 654% compared to last year, with more than 10,700 tons shipped abroad worth USD 6.7 million. Almost all of … Read more
TBILISI, August 13 – The Georgian government will no longer subsidize private wine companies to buy surplus grapes. Instead, any grapes the private sector does not purchase will be bought directly by a state-owned enterprise, the Harvest Management Company, at fixed prices. In the eastern Kakheti region, the key Saperavi variety will be purchased at … Read more
TBILISI, August 9 – An opposition party in Georgia says an abandoned airport in the village of Meria, near Ozurgeti, could help develop the country’s economy if it were brought back into operation. The party Lelo – For a Strong Georgia says the site was once meant to be restored as an international airport able … Read more
TBILISI, August 6 – The International Monetary Fund expects Georgia’s economy to grow by 6% in 2025. However, many fear that inflation, particularly in food, may take away much of the potential benefit for the wider population. Inflation in Georgia rose to 4.3% year-on-year in July, the highest level recorded since May 2023, driven primarily … Read more
TBILISI, August 5 – A recent World Bank study reveals significant problems of high cost and lagging quality of internet service in Georgia, compared to other countries in the region. According to the findings, published by Georgia’s Communications Commission, the median fixed internet download speed in Georgia was just 20 Mbps in July 2024, compared … Read more
TBILISI, July 31 – Georgia’s economy continues to expand, with official statistics reporting 6.3% growth in June 2025 and an average 8.3% increase over the first half of the year. International forecasts suggest Georgia remains one of the fastest-growing economies in the region, outperforming global averages by a significant margin. Yet despite the positive data, … Read more
TBILISI, DFWatch–Georgia is seeing a slowdown in mortgage lending, driven by high interest rates and broader economic uncertainty. According to the National Bank of Georgia, commercial banks issued 24,000 new mortgage loans in the first half of 2025, down 13% compared to the same period last year. Despite the decline in the number of loans, … Read more