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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

GNERC Chairman released on bail

19.01.13 19:58

Chairman of Georgian National Electricity Regulatory Commission (GNERC) Guram Chalagashvili was released today on bail. City Court in Kutaisi ordered GEL 3,000 bail for Chalagashvili instead of Gel 10,000 requested by the prosecution.More...video clip 

NBG president concerned on weakened economic activity

18.01.13 13:50

President of the National Bank of Georgia Giorgi Kadagidze has expressed his concerns regarding the weakened economic activity in the country in the first weeks of the year. Giorgi Kadagidze has spoken about this after the meting with the Moldovan counterparts, to whom he explained the reforms and projects carried out in the banking sector.More...video clip 

Majority comments on president`s initiative

18.01.13 13:26

President`s three legislative initiatives will be sent to the parliament in a few days for consideration. Mikheil Saakashvili has proposed economic amnesty for the support to business and it should refer to all economic and tax arrears...More...video clip 

President Saakashvili presents media legislative initiatives

17.01.13 20:57

Georgian President Mikheil Saakashvili at a special pressconference held at the Avlabari residence today made three legislative initiatives he is going to present to the parliament. More...video clip 

Vano's Show

Comedy talk-show with famous guests, headlines and others

Comedy Show

Hilarious sketches with amazing performances of your favourite actors!

President met with citrus growers in Batumi

31.12.12 12:58

Before his departure to Afghanistan, President Saakashvili met with citrus growers in Batumi. President was reported about the citrus export issues and the price, which he said was much lower in comparison with previous years as well as the harvest. More...

Finance Minister comments on Tbilisi mayor`s initiative

25.12.12 14:00

Minister of Finance Nodar Khaduri commented on the initiative of Tbilisi mayor Gigi Ugulava, who held the presentation of the 100-GEL voucher system for communal taxes and who slammed the government of Georgia for its tariff policy.More...video clip 

Tbilisi government launches communal voucher program

25.12.12 12:22

According to Tbilisi budget 2013 adopted by the City Assembly [Sakrebulo], the subscribers in the capital will be presented with 100 GEL communal vouchers. The vulnerable families, which have 70,000 rating scores...More...video clip 

Azerbaijan may increase the price on natural gas to Georgia

24.12.12 12:17

Azerbaijan may revise the tariff on natural gas to Georgia after the statement made by Bidzina Ivanishvili that the project of the Karsi-Akhalkalaki railway might be reviewed. News agency Regnum has reported about this based on the statements of the Azerbaijan`s governmental officials.More...video clip 


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