business-economics
Georgia’s revenue service says customs procedures for trucks to Russia “partly delayed”
The Georgian Revenue Service said on Monday that customs procedures for trucks leaving the Larsi checkpoint in North Georgia to Russia were partly delayed in the Russia-administered area. The agency stressed that customs checkpoints across the coun...
57% of Georgians keep saving at home in cash, not in banks – national bank survey
The National Bank of Georgia has published its National Strategy of Financial Education, which says that the 57% of the country’s population keeping savings in cash at home, instead of banks. “66.7% of the population of Georgia are active savers. H...
Turkey, Russia, China – Georgia’s top trading partners this year
Turkey ($1.78 billion), Russia ($1.47 billion) and China ($1.22 billion) have been named as Georgia’s top trading partners between January-August 2022, the National Statistics Office of Georgia said on Monday, noting that the share of the top ten tra...
Georgia receives $2.1 billions in income from tourism in seven months
Between January and August Georgia has received $2.1 billion in incomes from tourism, the Georgian Economy Ministry said on Friday. The ministry stated that travel revenue in August surpassed the figure of 2019 for the second time and set a record ...
Tourist visits restored by 77.4% compared to 2019 – Tourism Administration
The National Tourism Administration of Georgia said on Wednesday that compared to August 2019, this year international tourist visits have increased by 77.4%, and travelers’ visits increased by 67.1%. According to the administration, 582,995 interna...
Georgian GDP grows by 10.3% in past seven months – Geostat
The National Statistics Office of Georgia said on Wednesday that in July 2022, compared to the corresponding period of the previous year, the growth of the real gross domestic product (GDP) amounted to 9.7 percent, while the average figure for the fi...
Launch of energy exchange carries threats amid war – Economy Minister
The launch of the energy exchange amid the ongoing Russia’s war in Ukraine carries threats and the process may be postponed despite technical readiness, Georgian Economy Minister Levan Davitashvili said on Monday, following the Government meeting. ...
PM Garibashvili pledges decrease in fuel prices by 20-30 tetri
Georgian PM Irakli Garibashvili said on Monday that fuel importer companies “had promised” the Georgian Government to decrease prices by 20-30 tetri by the end of this month. Speaking at a Government’s meeting, Garibashvili suggested that the Go...
156,737 Russians arrive in Georgia in July – National Tourism Administration
156,737 Russian citizens arrived in Georgia in July of this year which was 2.32% less compared to the same period in 2019, before the pandemic, and 525% more compared to the figure of last year, the National Tourism Administration said on Tuesday. ...
Georgia PM meets his Uzbek counterpart, says Tbilisi interested in increase of wine, mineral waters exports
Georgian Prime Minister Irakli Garibashvili met with his Uzbek counterpart Abdulla Aripov in Tashkent on Tuesday, on his first official visit to the country, where he suggested that Tbilisi was interested in the increase of wine and mineral waters ex...
