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Week in Headlines

Week in Headlines

  • Economy grew by 6.2% in April; +8.3% over the first four months;
  • Poverty declined in Georgia – Geostat;
  • National Bank plans to increase gold reserves;
  • Bank of Georgia issued $300 million in bonds;
  • Tether to launch GEL stablecoin (GELT);
  • United Kingdom sanctions three companies registered in Georgia;
  • Daily passenger rail service between Tbilisi and Baku restored;
  • Baku–Tbilisi–Kars Railway to officially reopen on June 2;
  • Georgia and Turkey to implement an electricity barter arrangement;
  • Unique wine collection with nearly 20,000 historical samples transferred to government; wine sales planned;

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