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...

Kerten Hospitality’s CEO Marloes Knippenberg Shares Plans for Footprint Expansion in Georgia

Kerten Hospitality, one of the most successful companies operating in the hospitality...

September Inflation: Prices for Food, Alcoholic Beverages and Tobacco Increase

The Consumer Price Index increased by 1.7% compared ...

PM Gakharia Affirms Full Support of NBG Policies

The recent policies of National Bank of Georgia, including wage rate ...

Minister of Economy: PM Says We Must Work More Closely with Businesses

“We will focus on making our business environment more attractive...

Dollar Price Ups to GEL 2.9755

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

Matchavariani: Macroeconomic Stability is a Primary Mission of the Gov’t

“Primary mission of the government and the Minister of Finance in particular is...

Regulation on Taxi Cabs Officially Put into Operation

Back in August, it was reported that October 1 would...

Is Georgia Doing Enough to Grow its Gambling Industry?

Georgia is not a large country, yet its gambling industry ...

Matchavariani: 700 Mln GEL to Be Allocated for High-Speed Highways

“Approximately 700 million GEL is to be allocated for high-speed highways, meaning...

Matchavariani: Teachers’ Salaries Will Increase by 300 GEL in 2019-2020

Ivane Matchavariani, Minister of Finance of Georgia has stated that...