Week in Headlines
- Fitch:Georgia’s Credit Rating Unchanged, Economic Growth Forecast Raised to +6.5%
- Remittances +8% (April);
- April: Exports +16% to $716 Million Imports Down 3% to $1.48 Billion;
- Reduced Foreign Currency Reserve Requirements for Banks to Take Effect on May 19;
- Pension Fund Surpasses 9 Billion GEL;
- Updated Rules for Infrastructure Construction Companies;
- Rustaveli Avenue Rehabilitation Tender Failed;
- “Honeywell Cement” Launches $70 Million Project in Kaspi;
- SOCAR Appoints Levan Davitashvili as CEO of Italiana Petroli;
- Fines Increasing for the Gambling Sector;
- 70,000 Tickets Sold for Kanye West Concert;
