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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

Onishchenko won`t send group of inspectors to Georgia this June

05.06.13 14:12

Russia`s chief sanitarian doctor Genady Onishchenko says that the group of his experts arguably will not arrive for the third phase of inspection of Georgian wine-making companies in June as it was planned. More...video clip 

UNM concerned about growth of unemployment

05.06.13 14:03

United National Movement is concerned about the growth of unemployment in the country. Zurab Japaridze of the party briefed in this regards today and announced that according to the official statistics published yesterday, the number of the citizens, who lost their jobs in private sector in the first quarter of the year 2013 reached 42,000.More...video clip 

Minority MP reports economic regress in the country

09.05.13 13:18

Member of the parliament from United National Movement Giorgi Vashadze has expressed his concerns regarding the regress in country`s economy. MP Vashadze briefed at the Politiko press club today and said: `Process of economic development in Georgia is going backwards`.More...video clip 

IS begins inspection at municipal company City of Lights

01.05.13 11:15

The Investigation Service of the Ministry of Finance has begun inspection at the municipal company The City of Lights, which works on lighting systems in the capital. The inspectors took away all financial documents from the company.More...video clip 

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Georgian brandy Dzveli Kakheti allowed on Russian market

30.04.13 17:45

Georgian brandy Dzveli Kakheti will appear in Russia in a few days. Georgian wine maker company Kakhetian Winery received confirmation letter that the product is accepted by the Russian consumer watchdog.More...video clip 

Tbilisi hosts Georgia-Ukraine business forum

26.04.13 11:42

Tbilisi is hosting a joint business forum of Georgia and Ukraine. Representatives of over 50 Ukrainian companies are attending the event, where the Georgian authorities are introducing Georgia`s business environment, tax policy and interest to attract foreign investments. More...video clip 

Former head of SSPS refuses misappropriation of funds

17.04.13 17:04

Manipulations on the copies of official papers are incomprehensible, former head of the Special State Protection Service of Georgia (SSPS) said today.More...video clip 

Russian market open for Borjomi mineral water

11.04.13 11:36

Georgia`s most popular mineral water Borjomi has been allowed to Russian market - Russian media has reported based on the information provided by the Russia`s consumer watchdog Rospotrebnadzor. Its chief Genady Onishenko says that Borjomi is now the product registered in Russian registration service.More...video clip 


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