Economic questions and cooperation between Georgia and the International Monetary Fund were discussed on Thursday between Lasha Khutsishvili, the Georgian Finance Minister, and Vitor Gaspar, the Director of the Fiscal Affairs Department of the IMF. The meeting also covered the country’s macroeconomic situation and actions made to improve fiscal discipline, the Finance Ministry said. Steps…
Georgian Deputy Finance Minister Mikheil Dundua on April 12 said the country had shown “best results” among 193 countries in four “important indicators” in the updated 2022-2028 assessment and long-term forecast of the International Monetary Fund. Dundua said Georgia ranked second in the world in the study, while also placing first in Eurasia, Africa, Australia…
United Airports of Georgia on April 11 said it would add eight additional flights to three domestic destinations between April 13 and April 15 for the upcoming Easter holidays. The airports body said the flights would take passengers to Mestia in the northwestern mountainous region of Svaneti, Black Sea city of Batumi in the west…
Construction of the new Rikoti Highway was set to be completed this year, the Roads Department of Georgia said on April 10, while rejecting media reports that suggested the work had been delayed from its original deadline of 2022. The Department’s comments came following a report by Formula TV on the topic, with the state…
Western Georgia’s Kutaisi International Airport serviced 91,802 passengers in March, up by 72% YoY, the United Airports of Georgia announced. The number of flights at the airport increased by 64%, with the facility servicing 304 flights last month. In the first three months of 2023, the airport serviced 256,213 passengers and 854 flights. The airports…
Continued low visibility around Georgia’s Black Sea city of Batumi means flights from Tel Aviv are being diverted to Kutaisi International Airport in the western Georgian hub city, the United Airports of Georgia reports. The weather condition is causing delays to service in the Batumi facility, the airports’ authority said, adding passengers on Smartwings, Czech…
Georgian Economy Minister Levan Davitashvili on April 5 reviewed bilateral cooperation with Edmondo Cirelli, the Deputy Minister of Foreign Affairs and International Cooperation of Italy, at a meeting in Tbilisi. The ministry said the officials discussed ties in trade, investments, agriculture, transport and logistics, energy, tourism and other fields, and praised the “fruitful cooperation” in…