Daily News January 13, 2025	Days:  27 08 09 10 13

politics

CONGRESSMAN WILSON: I TOLD TRUMP ABOUT THE IVANISHVILI’S REGIME ASSAULT ON FREEDOM

I told US President-elect Donald Trump “about the Ivanishvili regime’s assault on freedom and corrupt dealings with the CCP and Iranian regime”, US Congressman Joe Wilson posted on social network X.

Wilson also said that he “shared our Friends of Georgia letter”, referring to the sanction of Ivanishvili’s entourage.

economics

IN 2024, GEORGIA’S FOREIGN TRADE GREW BY 8% Y-O-Y

In 2024, Georgia’s commodity trade turnover (excluding undeclared trade) amounted to $23.43 billion, Sakstat reported. If compared to 2023, the volume has increased by 8%.




“GALT&TAGGART” EXPECTS THAT GEORGIA’S CURRENT ACCOUNT DEFICIT OF 2024 TO MAKE UP 4.9% OF GDP

In the next weekly review, Galt&Taggart said that they expect that Georgia’s current account deficit in 2024 will make up 4.9% of GDP. As the company noted, the expected ratio is an improvement since 5.6% of 2023.




AT THE END OF 2024, VOLUME OF LARI SUPPLY HAS INCREASED BY 11.5% Y-O-Y

As of December 31, 2024, volume of national currency supply amounted to 6.62 billion lari, the National Bank of Georgia reported (estimation). If compared to December 31, 2023, the volume has increased by 11.5% (by 682.9 million lari).




GEORGIAN PENSION AGENCY: IN TERMS OF ACCUMULATED GAIN, LEADER AS OF END OF 2024 WAS DYNAMIC PORTFOLIO

Georgian Pension Agency reported that according to the results of 2024, a dynamic portfolio leads in accumulated gain.

The Agency specified that in the period from August 6, 2023 (when 3 investment portfolios were introduced) to December 31, 2024, the real gain of the dynamic portfolio made up 15.3%, of the balanced portfolio – 14.3%, the conservative portfolio – 12.8%.




EURO-5B REQUIREMENT FOR TRUCKS AND BUSES HAS ENTERED INTO FORCE IN GEORGIA

Starting from 2025, primary or temporary registration for trucks and buses will be possible if they meet the Euro-5b standard, Georgian Ministry of Environment Protection and Agriculture reported. The similar requirement for cars and minibuses has been in force since 2024.

business

“FINSPOT”: MOST GEORGIAN CONFECTIONERIES HAVE QUITE GOOD PROFITABILITY

Most Georgian confectionery enterprises have quite good profitability indicators, the analytical site FinSpot said in a review. The review considers data of 6 local companies, largest of which are Madart, Tortini and Bella Confectionery.




REGISTRATION CANCELLED TO MICROFINANCE ORGANIZATION “CAPITAL EXPRESS”

The National Bank of Georgia (NBG) reported about cancellation of registration of the microfinance organization Capital Express.

The microfinance organization has been moved into liquidation mode.