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July 2014


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Cabinet reviews economic parameters at today`s session

27.12.11 16:01

The cabinet assembled at the Government`s Chancellery to review the year`s economic progress and listen to the reports by Minister of Sustainable Development and Economics Vera Kobalia and Minister of Corrections and Legal Assistance, Khatuna Kalmakhelidze.

Prime Minister made a brief report at the beginning of the session, saying the cabinet would assemble on December 30, to finally sum up the macro-economic data of the year, but he reported the preliminary data of the year`s macro-economic parameters. Nika Gilauri said the economic growth was very significant this year and it reached 6,5%; as for the inflation index, it was reduced from the two digits to 8,5%.

Vera Kobalia hailed the economic growth in the country with 6,5%. She said the economic progress was confirmed by various international rating companies. She said Georgia was one of the two countries along with Kazakhstan, whose ratings were increased this year, while the ratings of many western countries were reduced.

Foreign Minister Grigol Vashadze has also delivered a summarizing report. He emphasized the most important political achievements of the government and spoke about the challenges, which the country will face in the future. Minister said the agreement about the beginning of negotiations free trade and visa free relations with the European Union, visits of the European leaders, opening of 22 diplomatic missions abroad were most significant facts of the year 2011, however, he added one of the most topical problems in the country was the lack of qualified personnel.


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American investors interested in Anaklia Port project

10.12.13 12:38

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 clip 

Tbilisi by-pass railway project will be resumed

05.12.13 12:14

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. clip 

Parliament expected to adopt 2014 budget on Dec. 19

25.11.13 12:36

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 clip 

PM-designate appears before parliamentary minority

19.11.13 20:07

PM-designate Irakli Garibashvili appeared before the UNM parliamentary minority today as the parliament started fast-track hearings on cabinet members, which will face vote of confidence tomorrow. clip 

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Saakashvili posted a statement on facebook page

15.11.13 10:53

Georgia`s outgoing president Mikheil Saakashvili has posted on facebook regarding the recent statement of the Russian president Vladimir Putin about Russia`s moving up in the WB`s doing business clip 

Energy Minister sums up a year of his work

11.11.13 13:49

Minister of Energy and Natural Resources of Georgia Kakha Kaladze has summed up one year of his work at the meeting with media today. Kakha Kaladze spoke about the investments, which were made in Georgia`s energy sector during past six months. clip 

Nine school buildings to be constructed in Georgia

15.10.13 12:02

Construction of nine new school buildings will begin in Georgia soon. Minister of Education of Georgia Tamar Sanikidze met with developer companies to introduce the terms and conditions of the tender which will be announced for the implementation of clip 

Georgian fruit export to Russia to be resumed

14.10.13 12:02

Russia`s Veterinarian and Phytosanitary Agency has signed an agreement about returning citrus products and fruit from Georgia to Russian market. The product is allowed to be exported from Georgia to Russia from today - the head of the aforementioned agency Sergei Dankvert told Russian clip 

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