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Daily News

April 26, 2024

Previous Issues:  Days: < 22 23 24 25 26

 

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politics

    PRIME MINISTERS OF GEORGIA AND HUNGARY DISCUSSED ISSUES OF COOPERATION

    During his visit to Hungary, Georgia’s Prime Minister Irakli Kobakhidze met with his Hungarian counterpart Viktor Orban on April 25.

    As administration of the Georgian government said, the parties discussed positive results achieved in recent years in terms of partnership development.


economics

    AS OF MARCH 31, IN TOTAL DEPOSITS, PLACED IN GEORGIAN BANKS IN FOREIGN CURRENCY, USD ACCOUNTED FOR 78.6%, EUR – 19.7%

    As of March 31, deposits equivalent to 27.24 billion lari were placed in Georgian banks in foreign currency, increasing by 12.5% year-on-year, National Bank of Georgia reported.

    In total volume, deposits placed in US dollar accounted for 78.6%, or equivalent of 21.4 billion lari (year-on-year growth – 9%).


    AS OF MARCH 31, LONG-TERM CONSUMER LOANS ISSUED BY GEORGIAN BANKS IN FOREIGN CURRENCY INCREASED BY 27.7% Y-O-Y, SHORT-TERM ONES – 3 TIMES

    As of March 31, long-term consumer loans issued by Georgian banks in foreign currency totaled to equivalent of 1.1 billion lari, National Bank of Georgia reported. If compared to the same period of 2023, the volume has increased by 27.7%.


    AS OF MARCH 31, LONG-TERM CONSUMER LOANS ISSUED BY GEORGIAN BANKS IN LARI INCREASED BY 25.9% Y-O-Y, SHORT-TERM LOANS – BY 25.3%

    As of March 31, long-term consumer loans issued by Georgian banks in lari totaled to 8.75 billion lari, National Bank of Georgia reported. If compared to the same period of 2023, the volume has increased by 25.9%.


    TRANSPORT MOVEMENT OPENED ON ZESTAPONI BYPASS ROAD

    Zestaponi bypass road was opened for transport movement today, Georgian Roads Department reported.

    According to the Department, a 4-lane cement-concrete road section with a length of 9 km has 4 tunnels and 11 bridges.


    ADC TO FINANCE PROJECT ON INCLUSIVE RURAL DEVELOPMENT AND SUSTAINABLE AGRICULTURE IN GEORGIA

    With financial support from the Austrian Development Cooperation (ADC), Georgian Ministry of Environment Protection and Agriculture and the UN Food and Agriculture Organization (FAO) are launching a new project in Georgia.

    The project “Inclusive Rural Development and Sustainable Agriculture” worth 4 million EUR will be implemented during 4 years, the Ministry reported.


society

    IN 2023, GEORGIAN POPULATION DECREASED BY 1.1%

    As of January 1, 2024, the population of Georgia made up 3.69 million people, Sakstat reported. If compared to January 1, 2023, the population size has decreased by 1.1%, Georgian statistics service noted.


    IN 2023, NUMBER OF PERSONS LEAVING GEORGIA FOR TEMPORARY OR PERMANENT RESIDENCE ABROAD INCREASED BY 95.6%

    In 2023, 245,064 people left Georgia for permanent or temporary residence abroad, Sakstat reported. If compared to 2022, the number has increased by 95.6%, Georgian statistics service noted.


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Exchange Rates (NBG)
  04/26/24 + / -
  USD   2.6760   0.0099
  EUR   2.8713   0.0091
  RUR   2.9096   0.0049
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