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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

Russian delegation inspects Georgian wine factories

25.02.13 14:49

Representatives of Russian companies are visiting Georgia to inspect how the Georgian wine and mineral water companies work prior to lifting embargo on these products imposed by Russia several years ago. More...video clip 

Tbilisi Mayor to be indicted tomorrow

22.02.13 19:01

Tbilisi Mayor Gigi Ugulava will be indicted tomorrow, representative of the investigative department of the Ministry of Finance said today. The charges include two episodes.More...video clip 

Russian experts may arrive in Georgia on Feb.25

21.02.13 11:43

Russian experts may arrive in Georgia on February 25th, to inspect Georgian wine and mineral water companies prior to their accession to the Russian market - Russian chief sanitarian doctor Genady Onishchenko has said.More...video clip 

Prime Minister hosted TATA Group delegation

20.02.13 14:38

Georgian Prime Minister Bidzina Ivanishvili has hosted the delegation of the Indian multinational conglomerate company TATA Group today.More...video clip 

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Prime Minister met with businessmen

19.02.13 14:45

Prime Minister of Georgia met with Georgian businessmen today. Representatives of over 200 private companies were attending the discussion of the most topical problems in business sector today. More...video clip 

Russia`s chief sanitarian makes definitions on Georgia

18.02.13 11:43

Russia`s chief sanitarian doctor, Genady Onishchenko has made yet another statement on the visit of his inspectors to Georgia. The visit was delayed due to the fact that the Georgian side sent documents of 12 more wine maker companies to the Russian side, which need to be considered.More...video clip 

Georgia, Turkey to promote bilateral relations

15.02.13 13:45

The Georgian PM also said the process of restoring Ishkhani and Oshki on the territory of Turkey will be observed by Georgian experts. While the Georgian party promised Turkey to take care of Turkish monuments in Georgia. More...video clip 

Georgian PM pays official visit to Turkey

14.02.13 21:13

Georgian Prime Minister Bidzina Ivanishvili has paid one-day official visit to Turkey on February 14. During today`s visit PM Ivanishvili met with Turkish President Abdullah Gul, Prime Minister Recep Tayyip Erdogan and Parliamentary Speaker Cemil Çiçek. More...video clip 


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