Zurab Azarashvili, the Georgian minister of labour, said the government-initiated public employment programme for socially vulnerable citizens had given jobs to 23,000 people since March. Addressing MPs at the parliament, the official said 61,000 socially vulnerable citizens had addressed his body for consultations over the programme since March 1, with 27,800 expressing readiness to work…
Factories have processed 142,000 tons of grapes from the ongoing harvest in Georgia’s eastern winemaking region of Kakheti, with about 13,000 growers generating GEL 141 million ($48.45 million) in income so far, the Georgian national wine agency announced on September 22. Local growers have processed the following grape varieties: Rkatsiteli – 75,000 tons, Saperavi –…
Georgian prime minister Irakli Garibashvil pledged to explore new avenues in Georgian-Swiss economic cooperation following his meeting with president of Switzerland Ignazio Cassis at the United Nations general assembly in New York. Stressing “successful cooperation in a number of fields”, the officials agreed to further intensify political, economic and other cooperation. Praising “excellent bilateral relations”…
The Asian Development Bank projects the Georgian economy to grow by 7% in 2022, “driven by higher export and tourism revenue, a large inflow of money transfers, and strong private consumption”, the bank said in a report on September 21. The ADB also forecast Georgia’s real gross domestic product growth to be 6% in 2023,…
Air Moldova airline is set to launch direct flights between Tbilisi and Chisinau next month, TAV Georgia, the company operating Tbilisi and Batumi airports in the country, reports. “After completion of appropriate procedures, from October, Air Moldova will perform Tbilisi-Chisinau direct flights by Airbus 320 aircraft twice a week, on Mondays and Fridays”, said the…
The Georgian economy grew by 7.1% YoY in the second quarter of 2022, while the gross domestic product deflator percentage change equaled to 8.2%, the latest data from the National Statistics Office of Georgia showed. Geostat also said that the nominal GDP amounted to GEL 17.97 billion (about $6.37 billion). Significant contributions to the real…
Turkiye ($1.78 billion), Russia ($1.47 billion) and China ($1.22 billion) were the top trading partners of Georgia in its total external trade turnover in January-August, preliminary data from the National Statistics Office of Georgia showed. Georgia’s top partners by exports in January-August were China ($502.6 million), Azerbaijan ($421.5 million) and Russia ($409.3 million), while the…