Georgian Prime Minister Irakli Garibashvikli says that the budget for social rehabilitation and childcare is growing every year, to make up 37.4 million GEL last year and 40 million GEL this year, and expected to reach 52 million GEL next year. “Th...
The Georgian National Statistics Office says that in November 2021 the Consumer Price Index increased by 0.6 percent compared to the previous month, while the annual inflation rate amounted to 12.5 percent. With regard to the annual core inflation, t...
The Georgian cities of Kutaisi, Poti and Zugdidi will receive grants of up to 30 000 euros to prepare city cultural development strategies thanks to the EU-funded project – EU4Culture. At an event earlier this week,Catalin Gherman, Deputy Head of C...
The National Statistics Office of Georgia [https://www.geostat.ge/en] says that the estimated real Gross Domestic Product (GDP) growth rate in October 2021 equaled 6.9 percent year on year, and 10.5 percent in January-October of 2021. Geostat says...
The low-cost Hungarian airline Wizz Air has resumed direct flights, which were suspended due to the coronavirus pandemic, from Kutaisi to Vienna, Berlin and Barcelona. The Georgian Airports Association says that a total of 600 people benefited fr...
The Consumer Price Index increased by 1.3 percent in October 2021 compared to the previous month, while the annual inflation rate amounted to 12.8 percent, the National Statistics oFfice of Georgia has reported. Geostat says that the monthly inf...
For the first time in the history Georgia has won the Council of Europe International Award for Cultural Routes.On October 23, 2021, in Italy, at the Cultural Routes Competition organized by the Council of Europe, Wine Company SHUMI won the internat...
Asian Development Bank (ADB) has allocated a $10 million loan for Georgian Optima company to build two residential complexes, providing over 3,700 affordable and energy-efficient apartments for people with a low or middle incomes, in capital Tbilisi....
The government of Georgia has plans to increase funding for Defence and Interior Ministries, as well as for the State Security Service by 2022, to boost the country’s defence and security capabilities. Per the 2022 state budget draft, the funding...
The price of white bread has increased by 10 tetries in Georgia, while the price is up by 20 terries for Georgian bread – Shoti. Georgian Bread Bakers Association Malkhaz Dolidze says that the increase in the price of raw materials and transporta...