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August 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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Definition by Minister of Finance

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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 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 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...

Tbilisi government, assembly fail to agree on budget issue

15.01.14 10:12

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 clip 

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Annual summarizing briefing at NBG

27.12.13 13:37

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 clip 

Adjara Region will be completely provided with electricity on Dec. 25

17.12.13 14:44

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 clip 

Minority walks out in protest after brawl in Georgian parliament

11.12.13 19:43

Members of parliamentary minority walked out in protest after a brawl which took place during the session today. More...

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 

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