TBILISI, DFWatch–The Georgian government offers a temporary aid package to people who have their mortgage loans in US dollars, to ease the disastrous consequences of the lari’s continued race to record low depths.
The decision was made at a
Mortgage lending slowing down amid economic uncertainty and higher interests rates
TBILISI, DFWatch–Georgia is seeing a slowdown in mortgage lending, driven by high interest rates and broader economic uncertainty. According to the National Bank of Georgia, commercial banks issued 24,000 new mortgage loans in the first half of 2025, down 13% compared to the same period last year. Despite the decline in the number of loans, … Read more