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Week in Headlines

Week in Headlines

  • Refinancing Rate Remains Unchanged at 8%/Inflation Hits a Two-Year High at 5.2% (October);
  • Foreign Exchange Reserves Reach a Record $5.6 Billion (October);
  • Budget Execution Falls Short by ₾1.4 Billion;
  • New Mortgage Issuance Declines;
  • Microfinance Institutions’ Profits Increase;
  • EU Accession Freeze by the Government Increases Investor Uncertainty – European Commission on Georgia;
  • Chinese Company Sungrow Plans to Build a 100-Megawatt Solar Power Plant in Georgia;

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