Annual inflation in Georgia makes up 5.2% – the highest level in the last 2 years – which is mainly caused by almost 12% increase in food prices, the organization Society and Banks indicates.

Rehabilitation of the 16-km section of the Kakaskhidi-Zekari road (part of the Baghdati-Abastumani road) has been completed, Georgian Roads Department reported. The Department indicated that one ...

Current baseline forecast of the National Bank of Georgia (NBG) envisages that inflation in 2025 will be around 4% on average, while will decrease to 3.5% in 2026. NBG explains that in this revised ...

Georgian Roads Department announced an international tender to eliminate sites of high concentration of road accidents on the East-West highway and within 2 km from it. The deadline for submitting ...

On November 3, a ship under the flag of Liberia, loaded with up to 30,000 t of petrol, called the port of Batumi, while departed from the port of Burgas (Bulgaria), Georgian Revenue Service said. Fuel ...

Georgian Roads Department announced an international tender for construction of the Batumi-Sarpi highway. The applications are accepted through December 22. Full text is not available for the guests.

The National Bank of Georgia (NBG) reported that at the meeting on November 5, its Monetary Policy Committee left the monetary policy rate (refinancing rate) intact. Accordingly, the rate is still 8%.

“The state of democracy in Georgia was marked by significant backsliding during the reporting period”, the European Commission said in the report published today, which covers the period from ...

During the visit of Georgia’s governmental delegation to China, several memoranda were signed between the countries. Among other things, a memorandum of understanding was signed to complete ...

The next working meeting of the representatives of Georgia and Armenia was held to discuss the project of the border crossing point under the joint management, Georgian Finance Ministry’s Revenue ...

Today, Georgia’s Finance Minister Lasha Khutsishvili and ADB country director for Georgia Lesley Bearman Lahm signed a loan agreement, which envisages allocation of 200 million EUR by the Asian ...

Georgian Silk Road Group declared about accomplishment of the first emission of international bonds totaling to $400 million. The bonds, having “BB-” rating with stable outlook from Fitch and “B1” ...