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
TBILISI, DFWatch–Iran’s Deputy Ambassador says Georgia has good conditions nowadays to attract foreign investments.
The first Iran-Georgia business forum is ongoing in Tbilisi at Expo Georgia, a exhibition center. It is being attended by representatives of large
TBILISI, DFWatch–Tuesday there will be held an Iran-Georgia business forum in Tbilisi.
An Iranian trade delegation arrives in Georgia July 1 and will stay until July 5. The forum will be held at Expo Georgia, an exhibition and convention center, where there will be
TBILISI, DFWatch–The number of tourists grew by 56 percent in 2012, according to the National Tourism Administration. 4 389 256 tourists visited Georgia last year.
In the period from January to May 2013, the number of tourists was 1 698 146, which is an increase of
TBILISI, DFWatch–57 percent of foreigners who crossed the border into Georgia in first quarter of 2013 were tourists, according to the first result of a report conducted by the Georgian National Tourism Administration.
Giorgi Sigua, head of the administration, said