Tbilisi Taxi Reform: Will It Work?

In the summer of 2019, Tbilisi City Hall came up with a new initiative...

Global Slowdown & Geopolitical Tensions May Affect Georgia’s Growth Expectations

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the third and fourth quarters of 2019...

Your Guest Is My Guest, or Why Tourism Is Not a Zero-Sum Game

The share of “transit tourists” (those who continue from Georgia to a neigbor country) in the total is not very high...

Georgian Wine Industry: Implications of a Russian Embargo

Russia has certain economic leverage over Georgia, as last year Georgian exports to Russia accounted...

5G to Boost Asia Pacific's Digital Economy Development

Huawei is enabling sustainable development of a digital economy in the Asia Pacific...

Natia Turnava on Need for Deep Sea Port

Natia Turnava, the candidate for the post of the Minister of Economy ...

Geostat on August Inflation

The National Statistics Office of Georgia (Geostat) has published ...

Georgia Ranks 68 on Travel & Tourism Competitiveness Report 2019

Recently published data of the World Economic Forum shows that Georgia is the 68th country...

National Bank Increases Refinancing Rate to 7%

The Monetary Policy Committee of the National Bank of Georgia...

Dollar Hits GEL 2.9683

The National Bank of Georgia has set a new exchange rate...

July 2019 Tourism Update: Average Hotel Prices

In Georgia, the average cost of a room1 in a 3-star hotel was 148 GEL per night in July 2019...

Georgian Railway Workers Reach Agreement with Employer

Georgian Railway employees will no longer go on strike, as the process of negotiations...

5G Use in Georgia Might Force the Country between China & the US

Already one of the most discussed topics in the modern world, the majority...

Tightened Labor Safety Law Takes Effect in Georgia

From 1 September 2019, the tightened Law of Georgia on Labor Safety took effect which means...