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Week in Headlines / 21-27 July

Week in Headlines / 21-27 July

  • #Government Reshuffles (Weekly);
  • Georgia’s New Ambassador to the U.S., Tamar Taliashvili, Presented Credentials to Trump;
  • Georgia’s Economic Strengths and Risks – IMF Analysis;
  • NBG Purchased $880 Million in Reserves via Bmatch;
  • Bank Lending Increased by ₾1.6 Billion in June;
  • Deposits Increased by ₾1.85 Billion in June;
  • Electricity Generation Decreased by 10% (First 6 Months);
  • Bank Profits Reached ₾1.55 Billion / 15 Out of 19 Banks in Profit (First 6 Months);
  • American Express to Offer Payment Cards Through All Georgian Banks;
  • EBRD Grants $65 Million Credit to “Rustavi Azot” for Modernization;

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