Week in Headlines
- Moody’s Upgrades Georgia’s Credit Rating Outlook;
- Georgia’s Economy Grew by 6.4% in May / 7.8% Over the First Five Months;
- Inflation Reached 5.8% in June;
- Foreign Currency Lending Threshold Increased to GEL 1 Million;
- Ban on Selling Drinks in Plastic Bottles at Food Service Establishments Postponed by Four Years;
- New Agricultural Co-Financing System Introduced;
- Georgia’s IT Sector Generated $441 Million in Revenue in Q1;
- Black Sea Petroleum to Begin Processing Exclusively Non-Russian Crude Oil from August–September;
- Black Sea Petroleum Announces Plans to Produce Bitumen and Aviation Fuel;
