TBILISI, DFWatch — Georgia’s finance minister Nodar Khaduri says the government expects 6 % growth in 2013, low inflation and reduced state debts. He also notes that 6 percent growth is the minimum estimate on which the Georgian government is working. The finance […]
TBILISI, DFWatch - Georgia's foreign debt has increased by USD 128.9 million since fourth quarter of 2011 and is now USD 11.4 billion. The National Bank today published data over the country's foreign debt for first quarter in 2012. USD 3.8 billion of the total amount is public sector debt, which is 33 percent of the [...]
TBILISI, DFWatch – The International Monetary Fund will support the Georgian government’s economic and finance program of 2012-2013 with USD 387 000 000. Edward Gardner, IMF Senior Resident Representative in Georgia, said on Wednesday that an agreement has been achieved […]
TBILISI, DFWatch – The World Bank has granted Georgia two new loans. The loans total 130 million US dollars and will go to finance infrastructural development and rehabilitation of the roads in the eastern Kakheti region. 70 million US dollars was approved by the World Bank […]
Social expenses comprised the largest share in the State budget of Georgia in 2011, with 30% of total expenses directed towards this category. Dynamics indicate clearly that the budget is getting more and more burdened by the social obligations, writes Irina Guruli, […]
