DAILY NEWS |
April 19, 2024 |
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Today, Georgian Parliament approved amendments to the Tax Code in third (final) hearing (73 votes pro, 9 votes against). The amendments write-off existing tax debts of individuals that arose before January 1, 2021, as well as accrued penalties. More...
In March, Georgia’s industrial producers price index (PPI) increased by 4% compared to the same period in 2023, Sakstat reported. If compared to previous month (February 2024), the PPI has increased by 1.2%. More...
In March, Georgia’s producer price index (PPI) in transport and warehouse services decreased year-on-year by 0.7%, Sakstat reported. If compared to previous month (February 2024), the PPI in this field has increased by 1%. More...
In March, Georgia’s export price index increased by 3.2% compared to the same period of 2023, Sakstat reported. If compared to previous month (February 2024), the index has increased by 3.1%. More...
In the 1st quarter, Georgia’s commodity exports to EU countries totaled to $133.22 million, Sakstat reported (estimation). If compared to the corresponding period of 2023, the volume has decreased by 37.7%. More...
In the 1st quarter, Georgia’s commodity exports to CIS countries totaled to $879.4 million, Sakstat reported (estimation). If compared to the corresponding period of 2023, the volume has increased by 2.8%. More...
In January-March, Georgia’s local commodity export (export without re-export) totaled to $605.6 million, Sakstat reported (estimation). If compared to the corresponding period of 2023, the volume has decreased by 21%. More...
Today, Georgia’s Prime Minister Irakli Kobakhidze met with Maciej Czura, head of regional representation of the European Investment Bank (EIB) in the South Caucasus. As administration of the Georgian government said, the parties discussed issues of cooperation and macroeconomic trends in Georgia. More...
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ECONOMIC PRESS MONITOR |
April 19, 2024 |
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“We are gravely disappointed by the Georgian parliament’s decision” to return to consideration of the bill “On Transparency of Foreign Influence”, US State Department Speaker Matthew Miller said in a statement. As the statement reads, “Such Kremlin-inspired legislation is not appropriate if the goal is to promote transparency”. More...
Georgian Parliament considers a bill, after the adoption of which an offshore company will be able to avoid taxation upon transfer of assets (including shares) to Georgia. Giga Bedineishvili, dean of the Business School of Free and Agrarian Universities, believes that “this is a law tailored for Ivanishvili” (billionaire founder of the ruling Georgian Dream). More...
Many suspect that the government will massively falsify the upcoming (in October) elections, which in turn will trigger sanctions against Bidzina Ivanishvili (billionaire founder of Georgia’s ruling party Georgian Dream), German MEP Viola von Cramon posted on social platform X. Cramon considers that Ivanishvili takes precautions in order to get his money back to Georgia in case of sanctions. More...
In the 1st quarter, more than 600 catering facilities were checked countrywide, including up to 200 ones in Tbilisi, Georgian National Food Agency (NFA) reported. According to the Agency, these inspections identified critical inconsistencies in 24 catering facilities, 14 of which are located in Tbilisi. More...
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SPECIAL REPORT |
April 11, 2024 |
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“Georgian Economic Climate” is a product of PMC Research Center (PMC RC). In this bulletin, which is based on the ifo Institute’s methodology, we discuss Georgia’s economic climate, informed by the assessments of various Georgian economists. More...
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2.6711 |
0.0017 |
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2.8453 |
0.0079 |
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2.8623 |
0.0215 |
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Dear readers,
We wish you Happy New Year! Let 2024 be a year of peace, prosperity and happiness for all of you.
We are leaving for New Year holidays, so our site will resume updates on January 8.
Glory to Ukraine!
Sincerely,
Sarke Information Agency |
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