TOP-10 in the Economy last week (August 29 - September 3):
1. The economy of Georgia grew by 9.7% in July 2022, compared to the corresponding period of the previous year;
2. In August 2022, the annual inflation rate was 10.9%;
The National Statistics Office of Georgia (Geostat) published the annual inflation report today. According to the document, in August compared to the previous year, the overall level of prices increased by 10.9%, which is 0.6 percentage points less compared to the inflation of 11.5% observed in July.
3. The National Bank sold USD 32,305,000 at the seventh foreign exchange auction in a row;
4. In July, the number of social allowance beneficiaries increased to 664,278 people;
The number of beneficiaries receiving subsistence allowance increased by 67,266 within two months and hit record high for the first time in the shortest period. As of August, 2021, 622,923 citizens were registered in the list of beneficiaries receiving subsistence allowance, which is 16.7% of the Georgian population.
5. Shares of companies listed on the Georgian Stock Exchange and transactions made on the stock exchange in August;
6. In the first half of 2022, the turnover of the private sector of Georgia increased to USD 80.3 billion;
In 2Q2022 compared to the same quarter of previous year the volume of business sector turnover increased by 19.2% and amounted to 41.7 billion GEL. The production value of the business sector is characterized by the increasing tendency. In the 2Q2022, its volume equaled to GEL 16.5 billion, which is year-on-year 25.3% more, - according to the National Statistics Office of Georgia (Geostat).
7. How many billions of GEL was collected in taxes and how many billions of VAT surplus was returned by the government this year
8. Until 2025, up to 13,000 families of IDPs will be provided with living spaces
9. In 2022, the government will subsidize non-standard apples with GEL 4 million
10. Grant programs of Enterprise Georgia
