Economy and Business in Georgia



Unemployment and employment in Georgia: new data on the background of stability

Unemployment and employment in Georgia: new data on the background of stability

New data on unemployment and employment in Georgia indicate stabilization in the labor market, despite challenges.

Fighting the crisis: Is the increase in bread prices in Georgia a myth or reality?

Fighting the crisis: Is the increase in bread prices in Georgia a myth or reality?

The growth in tourism revenues in Georgia shows the dynamic development of the industry, becoming an important part of …

The boom in the real estate market in Tbilisi: housing prices are growing exponentially

The boom in the real estate market in Tbilisi: housing prices are growing exponentially

The boom in Tbilisi's real estate market is driving up housing prices, reflecting the dynamic development of the city's…

The Asian Development Bank allocates 45 million euros for the development of the irrigation sector in Georgia

The Asian Development Bank allocates 45 million euros for the development of the irrigation sector in Georgia

The Asian Development Bank is committing €45 million to develop Georgia's irrigation sector, supporting sustainable agr…

"100 Investments for Business": Georgia privatizes state property for GEL 180 million

"100 Investments for Business": Georgia privatizes state property for GEL 180 million

Georgia intends to privatize state property worth GEL 180 million, providing 100% investment opportunities for business.

Indicators of economic growth in Georgia for 2022 have been updated: GDP grew by 10, 4%

Indicators of economic growth in Georgia for 2022 have been updated: GDP grew by 10, 4%

Georgia's GDP posted a record 10.4% growth in 2022, reflecting the strength and resilience of the country's economy dur…

Georgia is steadily increasing its foreign trade turnover

Georgia is steadily increasing its foreign trade turnover

Georgia's foreign trade turnover shows steady growth, reflecting the successful development of the country's internatio…

Import substitution in focus – Minister for Electricity Consumption in Georgia

Import substitution in focus – Minister for Electricity Consumption in Georgia

The Deputy Minister of Economy and Economic Development of Georgia, Romeo Mikautadze, noted the relevance of the import…

Business loans will become more affordable

Business loans will become more affordable

The Bank of Georgia has developed a new program – NASIRA. It is designed to help to help small and medium-sized compani…

National Bank of Georgia Confirms Continuation of Soft monetary Policy

National Bank of Georgia Confirms Continuation of Soft monetary Policy

The National Bank of Georgia confirmed its intention to continue its soft monetary policy, as reported by the acting he…

The United Arab Emirates and Georgia have signed a free trade agreement: important points

The United Arab Emirates and Georgia have signed a free trade agreement: important points

The free trade agreement between the United Arab Emirates and Georgia becomes a key step towards deepening economic rel…

The development of infrastructure projects in Georgia is planned by the French company Veolia Group

The development of infrastructure projects in Georgia is planned by the French company Veolia Group

The French company Veolia Group plans to develop infrastructure projects in Georgia aimed at improving the quality of l…