According to the updated forecast by the National Bank, the annual inflation is going to reach 11% to 14% in 2023, 9% to 11% in 2024 and 5.5% to 7.5% in 2025. The regulator’s target is 4% to 5%.

Top automakers’ dependence on steel steering planet towards ‘climate catastrophe’, environmental group says.

Reform will facilitate the employment of high-caliber professionals and experienced staff in the system of passenger transportation.

It comes as Britons struggle with food and non-alcoholic beverage inflation at more than four decade highs of 19%.

According to the referred legal instrument, 160 agricultural land plots with residential properties attached to them and currently occupied by 133 internally displaced households will be transferred to their title ownership for a symbolic price of 1 GEL each.

Official value of the greenback became 2.5823 GEL.

Senior diplomat says experience shows Moscow, Ankara may implement great projects together despite external pressure

The investor will be committed to construct and operate the largest TPP in Georgia within a timeframe of 4 years.

According to the EU representation in Georgia, demarche is handed on behalf of 27 EU countries.

Smith supports a new government agency to regulate AI systems.

As for last year, the volume of natural gas consumed in 1Q2022 amounted to 1.2 billion cubic meter.

According to Armenia's National Statistical Committee, the country's aggregate state debt stood at about $10.9 billion as of March 31, 2023, an increase of $141.9 million from February 28, 2023. On December 31, 2022, the state debt was over $10.6 billion.

“With very high inflation, very low interest rates, and no net foreign reserves, a painful crisis affecting all assets in Türkiye could be on the way.”

According to the document, in 2022, Georgia is way more dependent economically on Russia than it ever was in its recent history. The Economic Dependence on Russia fluctuated dramatically: 2003 (16%), 2012 (9%) and 2022 (18%).

Erdogan endorses the unconventional view that raising interest rates increases inflation.

Georgian Prime Minister Irakli Garibashvili has departed for Bratislava to participate in the Global Security Forum (GLOBSEC) that will be held on May 29-31.

The Government of Georgia is imposing import duty on wheat flour for 5 months to support increasing the competitiveness of domestic producers and promote their sales on the local market.

The purpose of the conference was on one hand, to connect the Georgian diaspora with investors, and all parties interested in tech and innovations, distributors, and other partners with potential business interests in Georgia and to help Georgian business and tech companies to connect with potential investors and export opportunities in American market.

Accounting firm pledges to do ‘everything it takes’ to regain trust after leaking government information to clients.