TBILISI, DFWatch–The International Monetary Fund (IMF) has further reduced its economic growth outlook for Georgia. According to the new IMF forecast for 2015 and 2016, Georgia will have 2 percent economic growth in 2015 and 3 percent in 2016, while […]
(Interpressnews.) TBILISI, DFWatch–A new report published by the European Bank for Reconstruction and Development (EBRD) predicts only 2.5 percent economic growth in Georgia in 2015. In January, the bank predicted 4.2 percent growth this year. The low growth prediction for Georgia […]
Finance Minister Nodar Khaduri. (Interpressnews.) TBILISI, DFWatch–The Georgian government has downgraded its economic growth outlook for 2015 from five to four percent. Finance Minister Nodar Khaduri said on Thursday that stagnation is expected in all neighboring countries, and this is reflected in the new […]
(DF Watch.) TBILISI, DFWatch–Georgia’s estimated real GDP growth in July 2014 was 7.2 percent more than in the same period last year, according to preliminary results from Georgia’s Statistics Department, GeoStat. Estimated GDP growth in the second quarter of 2014 was 5.1 […]
Bidzina Ivanishvili. (Interpressnews.) TBILISI, DFWatch–Former Georgian Prime Minister Bidzina Ivanishivli says he thinks there is a 25 percent chance that Georgia will become ‘another Dubai’. Ivanishvili said this at a press conference on Tuedsay, where he presented his new non-governmental […]
The World Bank expects Georgia to have over 6 percent growth in 2014. (DF Watch.) TBILISI, DFWatch–The World Bank expects Georgia to have 6.3 percent economic growth in 2014. The estimate was published in the Bank’s Global Economic Prospects 2014, which reads that the prognosis for economic growth in Georgia in 2014 is 6.3. […]
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 […]
Mikheil Saakashvili, President of Georgia. (Interpressnews.) TBILISI, DFWatch–The Georgian president Mikheil Saakashvili asks the new government, which took power a year ago, to continue large projects started under him. Saakashvili, speaking after an awards ceremony for a TV show on Friday, said a new prognosis by the […]
Nodar Khaduri, Finance Minister of Georgia. (Interpressnews.) TBILISI, DFWatch–The government of Georgia disagrees with a prognosis by the International Monetary Fund (IMF) indicating that Georgia’s economic growth will experience a further slowdown. Finance Minister Nodar Khaduri said Friday that the government has been […]
TBILISI, DFWatch–The International Monetary Fund (IMF) has downgraded its prognosis for Georgia’s economic growth this year from 6 to 2.5 percent. In the beginning of 2013, IMF assumed Georgia would have 6 percent growth, but then reduced the prognosis to 4 percent […]
TBILISI, DFWatch–Georgia’s estimated real GDP growth rate amounted to 1.1 percent in August 2013. For the first eight months of 2013, the same figure was 1.6 percent, according to Georgia’s National Statistics Department, GeoStat. GeoStat’s monthly rapid estimates […]
Economy Minister Giorgi Kvirikashvili. (Interpressnews.) TBILISI, DFWatch–Georgia’s economy is growing and will grow faster after the presidential election, the country’s economy minister said before the opening of a business forum on Friday. Saakashvili’s party, the National Movement, has frequently criticized the […]
Prime Minister Bidzina Ivanishvili. (Interpressnews.) TBILISI, DFWatch–Georgian Prime Minister Bidzina Ivanishvili says he will only deal with Mikheil Saakashvili’s National Movement party through mediators and suggests that they present their views to experts who then will explain it to the government. Ivanishvili […]
Finance Minister Nodar Khaduri. (Interpressnews.) TBILISI, DFWatch–The government in Georgia has answered its critics who say that the economy is in crisis, assuring them that all commitments and plans will be fulfilled and that the economy is in no danger. Georgian Dream coalition MPs on Wednesday met with the […]
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–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 […]
