Georgia’s New Gold Rush: Or the Economic Prospects of Export of Medical Marijuana

This article continues the theme of ISET Economist blog “Decriminalize Marijuana?” written by my colleague...

Georgia's Growth Projections Strong, but Turkish Lira Crisis May Dampen Buoyant Forecasts

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

AUGUST: Average Hotel Prices in Georgia and Hotel Price Index

In Georgia, the average cost of a room in a 3-star hotel was 147 GEL per night in August 2018...

A Fruitful Summer for Georgian Agriculture! The Business Confidence Index Q3 2018

Overall, the BCI lost 4.2 points compared to Q2 2018. Expectations in the private sector in Georgia...

Eastern Partnership European School Opens in Tbilisi

It is the first such school established outside the EU...

Phasis Oil Refinery to Tackle Enviro Issues with Innovative Tech

PHASIS Oil company plans to build a high-technology oil refinery in Kulevi...

TBC Bank Signs Loan Agreement 30 mln with EIB

TBC Bank and the European Investment Bank (EIB) signed a loan agreement of EUR 30 million...

National Bank of Georgia Tightens Lending Regulations

From November 1, 2018, the decree of the President of the National Bank of Georgia...

IFC and National Bank of Georgia Collaborate on Governance and Finance

IFC has signed a cooperation agreement with the National Bank of Georgia to enhance...

Georgia Ranked 7th in Economic Freedom 2018

Georgia ranked 7th among 162 countries in the "Economic Freedom in the World" rating...

ADB to Expand $1.5 Bln Investment Portfolio in Georgia

The ADB will also help the SMEs development in Georgia...

White Color Taxis to Be Mandatory in Tbilisi from 2019

From October 1, 2019, all taxis in the capital of Georgia must be white...

Armenia Gas Line Repairs

The delivery of natural gas from Russia to Armenia is temporarily suspended, in order...

Ex-PM Kvirikashvili Becomes EBRD Advisor

Kvirikashvili served as the Georgian PM for three years...

Lily Vanilli Sprinkling Some Sugar on Georgia

Last Friday, guests were invited to Stamba Hotel to celebrate the opening of the Tbilisi...