Georgia

The FINANCIAL -- “Our energy system is facing significant challenges since the accelerated economic growth contributes to the consumption increase in the energy sector and therefore, the Ministry of Economy and Sustainable Development will provide even stronger support to the development of the small HPPs” – the Deputy Minister of Economy and Sustainable Development of Georgia, Natia ...

The FINANCIAL -- TBILISI, GEORGIA (28 September 2018) — The Asian Development Bank (ADB) raised Georgia’s 2018 growth forecast to 4.9% from the April estimate of 4.5% reflecting strong growth in ...

The FINANCIAL -- In September 2018 the Consumer Price Index increased by 0.3 percent compared to the previous month, while the annual inflation rate amounted to 2.7 ...

The FINANCIAL -- Its 10 years since the European Union Monitoring Mission (EUMM) was deployed to Georgia. The EUMM Georgia was launched in order to ensure that parties complied with the EU-brokered ...

The FINANCIAL -- The net international investment position (IIP) of Georgia amounted to -23.2 billion USD (-56.9 billion GEL) for June 30 2018, accounting for -144.9 percent of the last four quarter ...

The FINANCIAL -- The gross external debt of Georgia amounted to 17.4 billion USD (42.7 billion GEL) as of 30th of June 2018. It accounted for 108.7 percent of the last four quarters' GDP. During the ...