Irakli Garibashvili, the Prime Minister of Georgia, on March 27 said the Government funding of domestic healthcare programmes had hit GEL 7 billion ($2.7 billion) over the past 10 years, in comments marking an anniversary of the State Universal Healthcare Programme. The head of the Government said the 2012 initiative by Bidzina Ivanishvili, the founder…
Commercial banks in Georgia loaned GEL 44.45 billion ($17.27 billion) and received deposits of GEL 43.61 billion ($16.94 billion) in February, the latest data from the National Bank of Georgia showed. The volume of loans decreased by 0.02% MoMh, while the number of deposits decreased by 0.08%. Last month, the volume of term deposits increased…
The Georgian Air Navigation Agency, a company operating under the country’s Ministry of Economy, rejected reports by Der Spiegel about complications on the runway of the Tbilisi International Airport forcing the aircraft carrying German Foreign Minister Annalena Baerbock to abandon its first landing run at the facility. The company’s comments came after Der Spiegel said…
Georgian Finance Minister Lasha Khutsishvili on March 23 told the Parliament he was expecting maintenance of “positive dynamics” of economic growth in the country and even higher figures this year. Khutsishvili told MPs data published by the National Statistics Office of Georgia showed the real gross domestic product grew by 10.1% YoY in 2022, with…
The nominal gross domestic product of Georgia amounted to GEL 71.75 billion ($27.87 billion) in 2022, marking a 10.1% real GDP growth year-on-year, data published by the National Statistics Office of Georgia on March 21 showed. The release of figures also showed a 19.6% YoY increase of GDP and an 8.6% GDP deflator percentage change.…
Georgia has exported locally produced goods worth $914.8 million between January and February, up by 20.3% YoY, the preliminary data from the National Statistics Office of Georgia showed. Geostat said local exports in the country accounted for 54.3% of total exports in the reporting period, amounting to $497.2 million, down by 10.6%. Georgia’s top trading…
Russia ($467.1 million), Turkey ($387 million) and China ($246.4 million) were the top trading partners of Georgia in its total external trade turnover between January and February, preliminary data from the National Statistics office of Georgia showed. Georgia’s top partners by exports were Armenia ($133.1 million), Russia ($128.2 million) and China ($112.4 million), while the…