TBILISI, DFWatch–Foreign pharmaceutical companies are preparing to enter the Georgian market, according to the Health Ministry.
Health Minister Davit Sergeenko said on Friday that foreign pharmaceutical companies plan to start operating in Georgia and negotiations
TBILISI, DFWatch–The amount of direct foreign investments in the third quarter of 2013 was USD 239 million, up three percent from the second quarter.
Investments in third quarter of 2013 was 20 percent more than the same period last year.
Foreign investments
TBILISI, DFWatch–Georgia’s foreign trade turnover in January-October 2013 was USD 8 591 million, according to precise data from Georgian National Statistics Department (Geostat).
This is one percent more than in the same period last year.
The export was USD 2 306
TBILISI, DFWatch–A ship Wednesday arrived in Batumi to take aboard 300 000 boxes, or 120 tons, of Georgian citrus fruits and bring the goods to Novorossiysk.
The citrus fruit originated in the two municipalities Khelvachauri and Kobuleti.
According to Zaur Putkaradze,
TBILISI, DFWatch–The acting Georgian finance minister on Wednesday met with representatives of the International Monetary Fund (IMF) to discuss priorities in next year’s budget and the country’s macroeconomic indicators.
Mark Griffiths, head of the IMF mission,
TBILISI, DFWatch–Georgia’s foreign trade turnover in January-October 2013 was one percent more than in the same period the year before.
According to preliminary data from the National Statistics Department, the total amount of foreign trade turnover in the first ten
TBILISI, DFWatch–The European Bank for Reconstruction and Development (EBRD) has downgraded its prognosis for Georgia’s economic growth in 2013 from 3 to 2 percent.
EBRD said a few days ago that the GDP growth will also be reduced from 5 to 4 percent and the level of
TBILISI, DFWatch–The exchange rate of Georgian lari against the US dollar and the euro has fallen.
November 8, the exchange rate of lari against USD was 1.6793. November 7 it was 1.6737. The rate has been falling for one week. October 29 it was 1.6675.
The Georgian lari
TBILISI, DFWatch–There were 14.1 percent more visitors to Georgia in October, compared to last year, according to the Interior Ministry’s monthly report.
The number of visitors in October was 480 510. In the entire first ten months of this year, there were 4 556
TBILISI, DFWatch–Georgia’s foreign trade turnover fell by a negligible 0.1 percent in the first nine months of 2013, compared to last year, to USD 7 585 million.
USD 2 019 out of this was export, which is 14 percent more than last year, while the import was USD 5