Thursday, April 30, 2026

Twin Deficit

Irina Guruli is program coordinator at the Economic Policy Research Center.
Irina Guruli is program coordinator at the Economic Policy Research Center.

Twin deficit is a situation where a country’s economy is running two deficits at the same time: a fiscal deficit, and a deficit on the current account of the balance of payments. According to the twin deficit hypothesis, persistent fiscal shocks cause a deterioration

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Church against minority languages charter

 

Catholicos-Patriarch Ilia II says it is unacceptable to renew talks about adopting the language charter (IPN photo)
Catholicos-Patriarch Ilia II says it is unacceptable to renew talks about adopting the language charter (IPN photo)

Tbilisi, DFWatch – Illia II, Catholicos-Patriarch of Georgian Orthodox Church, considers unacceptable to renew talks about adopting the European Charter for Regional or Minority Languages,

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Georgia counting damage of the storm

Storm damaged boulevard of Batumi (President Press-office Photo)
Storm damaged boulevard of Batumi (President Press-office Photo)

Tbilisi, DFWatch – The extent of damage after a storm March 23 continues to increase and has now reached about USD 4 million, according to the latest estimate.

Energy Minister Kakhi Kaladze on Thursday informed that the worst losses was damaged houses

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