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
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
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
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
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
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
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