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September 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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Investigation Service denies allegations of municipal officials

05.03.14 14:49

Investigation Service of the Ministry of Finance of Georgia has denied the allegations voiced by the municipal officials today.More...video clip 

Gazprom to raise gas price for Ukraine

05.03.14 10:04

Russia is using new punitive mechanisms against Ukraine after military intervention in the Crimea - Gazprom chief executive Alexei Miller said on Tuesday that they would raise gas prices for Ukraine from the start of next month because the country...More...video clip 

Russia`s ruble falls amid Ukraine`s crisis

03.03.14 12:12

Russia`s rouble has fallen to a fresh all-time low against both the dollar and the euro after the political turmoil in Ukraine intensified.More...video clip 

Investigation Service of MOF inspects documents at Geocell

14.02.14 10:11

The Investigation Service of the Ministry of Finance of Georgia has started inspection at the telecommunication company Geocell. The law enforcers have refused to comment on the reason of the inspection, however, the company management says it`s an ordinary process.More...video clip 

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Capital city is still without 2014 budget

13.02.14 11:11

Tbilisi government is still working without the budget 2014 after the city assembly Sakrebulo did not adopt the draft budget presented by the Tbilisi mayor`s office for confirmation yesterday. It was the second attempt to adopt the budget; however, the document was not supported by the majority again. More...video clip 

Definition by Minister of Finance

10.02.14 11:06

The technical certification of vehicles becomes mandatory from March 2015 in Georgia. Minister of Finance of Georgia Nodar Khaduri has made definitions about the novelty today. Minister says the technical certification is not a budgetary project and not ...More...video clip 

PM introduced results of meetings at Davos to Cabinet

27.01.14 11:39

Prime Minister of Georgia Irakli Gharibashvili reported the details of the meetings he held within the 44th World Economic Forum in Davos to the members of the Cabinet today. He introduced the details of the meetings and the results achieved within these meetings to Georgian ministers.More...video clip 

US to assign USD 62 million to Georgia

18.01.14 15:45

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. More...

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