Economic Press Monitor
March 17, 2023
IN THIS ISSUE:
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1. |
WHAT SHOULD WE EXPECT IN GLOBAL ECONOMY AND GEORGIA IN 2023?
Economic & Politics
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The IMF, the World Bank and EBRD forecast Georgia’s economic growth at 4% in 2023. In its turn, the Georgian government projects the growth at the level of 5%.
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2. |
THE UK WILL ASSIST MOLDOVA AND GEORGIA FINANCIALLY
Economic & Politics
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The UK government declared about intention to provide financial assistance to Moldova and Georgia. In particular, 10 million GBP will be allocated to Moldova to support economic and governance reforms, while 500,000 GBP will be allocated to Georgia to strengthen security of the parliamentary elections in 2024.
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3. |
GEORGIA BECAME CHAIR COUNTRY OF THE WORLD WINE TRADE GROUP
Agriculture & Food
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Georgia became the chair of the World Wine Trade Group (WWTG) for a period of 1 year. The decision was made at the WWTG meeting in Brussels.
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4. |
AT LAST, FEE FOR APARTMENTS RENT IN TBILISI STARTED TO DECREASE!
Construction
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Prices on the Georgian real estate market already started decline, although so far change concerns only the rent, the newspaper says. Whereas in the sales, prices are still rising.
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