In 2024, the expenses in Georgia of non-resident travelers totaled to 14.3 billion lari, increasing by 10.3% year-on-year, Sakstat reported. Average expenses per visit amounted to 2,211 lari, ...

NON-PARTICIPATION IN THE WORK OF PACE IS NOT A BIG DEAL FOR US. Year by year, the Parliamentary Assembly of the Council of Europe (PACE) loses its meaning, fu ...

In 2023, size of residential apartment market in Batumi amounted to $778 million, increasing by 6% year-on-year, Colliers Georgia reported. In the reporting year, there were 15,034 transactions on ...

In 2024, 53.1% of non-resident visitors were very pleased with their visit to Georgia, Sakstat reported. 40.5% were satisfied; 5% – neither satisfied nor dissatisfied, 0.7% – dissatisfied. Full text ...

“Our economic growth would be 2-3% higher than it was but for their [i.e. opposition’s] anti-state actions”, Georgia’s Prime Minister Irakli Kobakhidze declared in the air of Imedi TV company.

The 14 th session of the Georgia-Armenia intergovernmental commission on economic cooperation was held in the Armenian capital Yerevan today.

Maintaining inflation within target limits is largely conditioned by domestic economic factors, says the National Bank of Georgia (NBG). Since the beginning of 2023, inflation in Georgia has remained ...

The National Bank of Georgia (NBG), along with the baseline scenario, examines high and low inflation risk scenarios. According to the baseline scenario of NBG, inflation in 2025 will make up 4.2%, ...

On December 31, 2024, just few days after the US Treasury Department imposed financial sanctions on founder and honorary chairman of the Georgian Dream, billionaire Bidzina Ivanishvili (December 27, ...

NBG DECIDED TO KEEP MONETARY POLICY RATE AT 8%. The National Bank of Georgia (NBG) declared that its Monetary Policy Committee decided today to keep the monetary policy rate (refi ...

The National Bank of Georgia (NBG) held an international seminar on impact of global economic trends and risks. As NBG said, participants of the event have discussed regional problems and ways to ...