Sarke Information Agency

IN 2024, GEORGIA’S EXPORT OF SERVICES INCREASED BY 9.1%, IMPORT – BY 5.1%

In 2024, Georgia’s export of services amounted to $7.7 billion, increasing by 9.1% compared to 2023, Sakstat reported. Import of services amounted to $3.8 billion, increasing by 5.4%. Full text is not ...
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IN 2024, GEORGIA’S EXPENSES FOR SCIENTIFIC RESEARCH INCREASED BY 19.7%

In 2024, Georgia’s expenses for scientific and experimental researches amounted to 242.9 million lari, increasing by 19.7% year-on-year, Sakstat reported. In total, there were 66 institutions engaged ...
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“GEORGIAN DREAM” GOVERNMENT STARTS WORKING ON 10-YEAR STRATEGY OF THE COUNTRY DEVELOPMENT

Works begin on a 10-year strategy of the country development, Georgia’s Prime Minister Irakli Kobakhidze declared at the government meeting today. “More details will be known to the public later”, he ...
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IN SEPTEMBER, GEORGIA’S ANNUAL REAL GDP GROWTH MADE UP 6.4%

In September, compared to the same period of 2024, Georgia’s real GDP growth amounted to 6.4%, Sakstat reported (estimation). The average rate for the first 9 months of the year makes up 7.7%. Full ...
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WITH SUPPORT OF GIZ, “PRODUCE IN GEORGIA” AGENCY PLANS RE-TRAINING PROGRAM FOR MANAGERS

The State Agency Produce in Georgia reported that a retraining program for managers is planned in cooperation with the German Federal Ministry for Economic Affairs and Energy and with the support of ...
Sarke Information Agency

IN Q3, NON-RESIDENT VISITORS’ EXPENSES IN GEORGIA INCREASED BY 8.6% Y-O-Y

In the 3 rd quarter, expenses of non-resident visitors in Georgia amounted to 6.2 billion lari, Sakstat reported. If compared to the same period of 2024, the volume has increased by 8.6%. Full text is ...
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GEORGIA’S INFRASTRUCTURE MINISTER: START OF TBILISI BYPASS ROAD CONSTRUCTION PLANNED FOR 2026-2027

Construction of the Tbilisi bypass road is planned to start in 2026-2027, declared Georgia’s Infrastructure Minister Revaz Sokhadze. Tender procedures for 2 lots will begin in 2025, and for 2 more ...
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GCF APPROVES FUNDING OF $250M FOR 9 DEVELOPING ADB MEMBER COUNTRIES, INCLUDING GEORGIA

On October 29, the Green Climate Fund (GCF) approved funding of $250 million for “From Glaciers to Farms” program of the Asian Development Bank (ADB), ADB reported. The program covers 9 developing ADB ...
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GEORGIA’S GOVERNMENT: WB REGIONAL DIRECTOR GOT ACQUAINTED WITH CONCEPT OF THE COUNTRY’S HIGHER EDUCATION REFORM

Georgia’s Prime Minister Irakli Kobakhidze met with World Bank (WB) regional director for the South Caucasus Rolande Pryce and WB global director for education Luis Benveniste. As Georgia’s government ...
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GEORGIAN ECONOMY MINISTRY HOSTED INTRODUCTORY MEETING WITH RESIDENT REPRESENTATIVE OF IMF

Georgia’s Minister of Economy and Sustainable Development Mariam Kvrivishvili held a meeting with IMF resident representative Andrew Jewell.
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GEORGIA’S INFRASTRUCTURE MINISTER: WE HAVE AGREED A NEW MODEL OF “WHITE LIST”

The so-called “white list” system was originally created to stimulate business, but over time it has become a mechanism that provides unfair advantages to individual companies, declared Georgia’s ...
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“TBC LEASING” ATTRACTED $30M FROM “BLUEORCHARD MICROFINANCE FUND”

TBC Leasing declared about attraction of $30 million in credit resources from a long-term partner – BlueOrchard Microfinance Fund. As the company noted, this is the largest financing to be received by ...