Georgia: economy up in January-September 2022

The Georgian economy grew by 8.8% in September and by 10.2% in the first nine months of 2022 YoY, the latest data from the national statistics office of Georgia showed. In September, the estimated real growth was observed in the following activities: transportation and storage, information and communication, construction, hotels and restaurants and mining and…

Georgia: doubled trade turnover with Hungary intensifies countries’ economic relations

In 2022, the trade turnover between Georgia and Hungary has doubled, which emphasises the “intensified” relations between the two countries in economy, Georgian economy minister Levan Davitashvili has said. Davitashvili said that after the “long term” negotiations, an agreement on the protection of investments was signed between Georgia and Hungary, which would be officially approved…