Ministry of Finance and Economics of Adjara has summed up its work in 2011. According to the annual report, 149 million dollar investment was made in the region last year, 65 million of which was invested in the development of tourism and 47 million - for the development of industrial sector. The government has issued construction licenses on 300,000 square meters. Minister Vazha Bolkvadze said 98 objects were sold by auction mobilizing 20 million GEL to the regional budget. He also said the budget of the Adjara Autonomous Republic was increased with 380% since 2004. Vazha Bolkvadze also spoke about the employment program of the government. He said according to the average data, over 10,000 jobs were created in t he region in 2011.
The United States intends to assign over USD 62 million to Georgia, the Act, printed in the House of Representatives section of the Congressional Record on or about January 15, 2014 by the Chairman of the Committee on Appropriations of the House says.
Tbilisi remains without the adopted budget for 2014, which has become a reason for counter-allegations between the city self-government and the executive branch of the government. City assembly [Sakrebulo], where Georgian Dream has a majority...
President of the National Bank of Georgia summed up the year 2013 today. Giorgi Kadagidze said the inflation of the national currency is not dangerous for country`s economics and these processes will not be followed with devaluation of the national currency.
Electricity supply will be provided to whole Region of Adjara by December 25th - Minister of Internal Affairs of Georgia and the chairperson of the Adjara government announced at the meeting of the crisis management headquarters in Batumi today.
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American investors have expressed their interest to the development of the Anaklia Port project. Vice Prime Minister of Georgia Giorgi Kvirikashvili received the president of the America`s leading diversified provider of construction services to business and industry, the Conti Group today.
The construction of the Tbilisi by-pass railway will continue - the economic council operating at the office of the Prime Minister of Georgia has taken a decision to extend a contract with a contractor company.
The government of Georgia will send a corrected version of the state budget 2014 to the parliament for approval this week. Minister of Finance Nodar Khaduri says only several parts of the document will be corrected, however, the minister does not specify to which spheres the amendments will be made.