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Economic Minister summed up year 2011

23.12.11 14:57

Minister of Sustainable Development and Economics, Vera Kobalia summed up the economic progress of Georgia in 2011, saying it was a very successful year for Georgia.

`In the sphere of economics, year 2011 was very productive for Georgia, because we are one of the two states along with Kazakhstan, the economic ratings of which were increased by rating companies. We are one of those few countries in the world, which had 6,5% economic growth this year and this growth will be directly reflected on the reduction of unemployment and the development of other directions in the economic sector,` the Minister said.

She also reported the growth of Gross Domestic Product index, by which the country is on the third position after Turkey and Estonia.

In addition, according to the ratings published by the Doing Business, Georgia has taken leading position among 183 countries in the following sectors - getting the construction licenses (fourth position), beginning business (seventh position) and taking loans (eighth position).

Georgia is on the second position with the corruption reduction index in 2011.

 

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MORE NEWS

Georgian President meets George Soros at Justice House of Tbilisi

02.12.12 17:36

Georgian President accepted founder of Soros Foundation charity organization network at Justice House of Tbilisi today. George Soros viewed teh services available at the office. More...

Financial revision underway in Tbilisi municipal cleaning service

28.11.12 12:05

Representatives of the State Internal Financial Control System of Georgia has resumed carrying out its financial audit in the Tbilisi municipal cleaning service since morning today. More...video clip 

Finance Minister makes definitions about Rustavi2

27.11.12 17:48

Rustavi 2 broadcasting company has obtained a document signed by the minister of finance, Nodar Khaduri, in which the investigation department and incomes office are assigned to learn the issues of tax arrears of Rustavi2 and Imedi TV.More...video clip 

Jaba Ebanoidze was questioned

27.11.12 10:32

Former chief of the incomes office of the ministry of finance, Jaba Ebanoidze was interrogated at the investigation department of the same ministry late last night. He was summoned to the department with the status of witness. More...video clip 

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Former chief of incomes office summoned for interrogation

26.11.12 15:39

Former chief of the incomes office of the ministry of finance, Jaba Ebanoidze has been summoned to the investigation department of the ministry of finance a witness today. More...video clip 

Businessman grows his shares in Gulf Georgia

26.11.12 14:56

Georgian businessman Davit Iakobashvili has increased his shares in Gulf Georgia Petroleum Company - a special statement was released about the sell off of company shares today.More...video clip 

Municipal bus drivers go on strike in Rustavi

25.11.12 17:36

Municipal bus drivers of the town of Rustavi have gone on strike. Among the 9 demands they have presented the main one is a pay rise. More...video clip 

Prime Minister`s press conference

22.11.12 13:25

Prime Minister of Georgia Bidzina Ivanishvili has summed up the work of the new government during past one month. Prime Minister is still answering the questions of journalists about various issues. More...video clip 


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