Economics

Deficit: the budget in Abkhazia

Abkhazia

December 22, 2022

The republic's authorities are talking about economic growth and raising living standards. But the budget of Abkhazia for 2023 paints a different picture.

Georgia's budget for 2023: social spending predominates

Georgia

December 20, 2022

In 2023, with the approval of the parliament, the government plans to mobilize and spend a record amount for Georgia -- 21,900,000,000 lari. At the exchange rate for December 2022, this amounts to 8,200,000,000 dollars.

A family business in the border town of Jermuk

Armenia

December 18, 2022

This is the story of a couple who started a family two years ago and set up a business in Jermuk immediately after the 2020 Karabakh war.

Parliament of Georgia approves budget for 2023. Where will $8 billion go?

Georgia

December 16, 2022

The Parliament of Georgia has approved the state budget for 2023. According to the draft, the total budget for 2023 will increase by 2,061,900,000 lari [about $784 million] compared to the plan of the previous year

"Russian bread" in Georgia - no real alternative

Georgia

December 08, 2022

What determines the price of bread in Georgia, and why the country is so dependent on Russia for wheat

Medical care in Turkey. Why Georgians do not trust their own healthcare system

Georgia

December 04, 2022

Every year more and more Georgian citizens go to Turkey for treatment. For some, Istanbul is hope of survival; for others it is the last hope of becoming parents.

What is Georgia selling in Europe? Eight years of the Association Agreement

Georgia - EU

December 01, 2022

y signing the Association Agreement with the European Union in 204, Georgia was exempted from export customs duties. What has happened since this?

Economic boom in Georgia the result of the war in Ukraine - CNBC

Georgia-Russia

November 28, 2022

While many economies are suffering from the impact of the Russian invasion of Ukraine, several countries are benefiting from the flow of Russian migrants and Georgia is among them, American cable news channel CNBC writes.

How the war in Ukraine affects the real estate market in Georgia

War in Ukraine

November 28, 2022

Compared to the same period last year, rent has increased by 210%

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Tea business in Ninotsminda and a 22-year-old female entrepreneur: How the EU and CENN help youth

CENN

November 22, 2022

The story of a 22-year-old girl from Ninotsminda who started her own business with the help of CENN

Income of all Armenian citizens to be declared starting next year

Armenia

November 22, 2022

Starting in 2023, a system for declaring the income of all resident citizens will be introduced in Armenia by the Ministry of Finance, a plan approved by the government and soon to go to parliament.

Russia ranks first in money transfers to Georgia

Georgia

November 18, 2022

A total of $502 million was transferred to Georgia last month

Azerbaijan proposes to increase minimum wage nearly two-fold

Azerbaijan

November 15, 2022

According to the opposition politician, such a sharp increase in the minimum wage will cause a new wave of inflation, and other steps are needed for the well-being of citizens

Economic growth in Georgia is unstable - European Business Association

Georgia

November 15, 2022

“A number of challenges remain for the Georgian economy as a whole”

About half a million Russian citizens entered Georgia in July-September

Georgia

November 15, 2022

From July to September 2022, the largest number of visitors entered Georgia, with 443,600 people arrived from the Russian Federation. This is 27.7% of the total number of all who came to Georgia.

Is Georgia's economic growth sustainable?

Georgia

November 11, 2022

The sustainability of Georgia's economic growth is debatable, and the country needs to improve infrastructure and ensure energy efficiency

Russia, Georgia, Iran lead in number of tourists to Armenia

Travel Armenia

November 09, 2022

In the first ten months of 2022, almost 1.5 million tourists visited Armenia. The largest number was from Russia - 46% of all arrivals

Majority of foreigners entering Georgia still Russian

Georgia

November 09, 2022

Over the year the number of Russians who entered the country increased by 274%

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