The main five destinations for the exports were Saudi Arabia, the Turkish Republic of Northern Cyprus, the Netherlands, US and Iraq from 2016 - 2019. The US replaced Russia in 2020.

Administrative and related activities grew by 25% and 14.8% respectively. Real estate related activities grew by 13.2% and 11.2% respectively. Information and communications grew by 11.1% and declined 0.2% respectively.

Lasha Khutsishvili says that the reduction of the budget deficit by the government is a message to investors and businesses that in 2022 the main driving force of the economy will be the private sector.

Next year's budget provides salaries increase in the public sector by about 10%. The Prime Minister noted at the government meeting that this will not be a one-time change and the salaries of public servants will increase in the coming years.

The third draft budget for 2022 is published. According to the updated version of the draft budget, budget expenditures will be increased by GEL 332 million to GEL 19,171,000,000. At the same time, the state budget revenues from taxpayers are grown by GEL 132 million and become GEL 13.4 billion.

Ambassador Kalandia emphasized the project’s strategic importance, which will contribute to the development of the Trans-Caspian International Transport Route (TITR), as well as to the positioning of Georgia as a regional trade, transport and logistics hub, Georgian Journal reported.

In January-September of this year, USD 37 million 113 thousand were spent on electricity imports to Georgia.

As of the current data, GPC / Pharmadepot has the widest pharmacy chain, which operates with up to 300 pharmacies across the country.

The Ministry of Health still will be the largest spending agency with a budget of GEL 6.09 billion.

The increase in pensions is provided in the Law on State Pensions, which has been approved by the Parliament of Georgia in the spring session of 2020.

November inflation was also in line with the expectations. After a spike on monthly seasonally adjusted inflation in October, November price increase was below the 3% target, similar to September.

Compared to 2019, in the period of 23-29 November, growth of non-cash spending on construction materials doubled and totaled 196%. Non-cash spending on furniture & appliances doubled and amounted 246%, relative to 2019. Growth of non-cash spending on electronics showed a significant increase and stood at 309%, relative to 2019.

Georgian capital Tbilisi recorded the highest number of 924 Covid-19 cases within the last 24 hours, followed by the Imereti region with 270 cases and the Kvemo Kartli region with 130 cases.

"Despite the COVID-19 related mobility restrictions in Q1 2021 and limited international visitors’ activity throughout 2021, revenue from passenger traffic saw a 3.3% YoY increase", - TBC Capital reports.

Galt&Taggart forecasts real GDP growth at 10.5% in 2021.

According to the Prime Minister of Georgia, it is gratifying that Giorgi Kartvelishvili, Secretary General of the National Federation of Basketball in Georgia is among the board Members of FIBA Europe. He is a President of FIBA Europe Legal Commission as well.

In January-October 2021, Azerbaijan imported tobacco and its industrial substitutes worth $74.8 million, up $4.6 million or 6.6% from the previous year, Report informs referring to the State Customs Committee.