On March 13-19, the Customs Service collected over 707.6 million lei (about 35.3 million euros) to the state budget. According to the institution, private people brought goods with customs value exceeding the non-taxable limit, and payments totaling more than 16.9 million lei were collected, which represented 2.4% of the total amount. The money collected from…
Georgian Deputy Economy Minister Romeo Mikautadze on March 18 said the Black Sea submarine cable international project, initiated by Georgia, was an “object of international interest”. Mikautadze noted the dates, cost and the way of the installation of the cable would be known this year and highlighted that the 1,200 km long cable would be…
Power supply services have been restored in two more de-occupied settlements in the Kherson region. The relevant statement was made by Kherson Regional Military Administration on Telegram. In particular, the supply of electricity was resumed for two villages in the Velyka Oleksandrivka community, namely Tokareve (56 consumers) and Bilousove (73 consumers). In the aforementioned settlements,…
Ukrainian Energy Minister German Galushchenko has visited the enterprise where nuclear fuel will be produced for domestic nuclear power units and later for export to other countries. The Energy Ministry said there were 17 VVER-440 units operating in Europe, and they did not yet have an alternative to Russian fuel. Ukraine, in turn, has already…
The Georgian capital city of Tbilisi hosted a business forum organised by officials and involving businesses of Georgia and the United Arab Emirates, with the event involving discussions of trade turnover and investment between the two countries. Georgian Economy Minister Levan Davitashvili and Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade…
The World Bank Group Board of Executive Directors discussed on March 17 a new Country Partnership Framework (CPF) for Moldova for the 2023-2027 period, aimed at supporting the country’s sustained recovery from the impacts of the COVID-19 pandemic, energy and refugee crises due to Russia’s invasion of Ukraine, focusing on reforms to support job creation…
Average monthly nominal earnings in Georgia increased by 21.2% YoY in the fourth quarter of 2022 and reached GEL 1,773.7 ($687.57), the National Statistics Office of Georgia reported. The highest monthly earnings were observed in the following sectors: information and communication – GEL 3,672.6 ($1,423), financial and insurance activities – GEL 2,726.7 ($1,056), construction –…