Economics

Communities residing in Pshavi, Piraketa Khevsureti, and Gudamakari have been facing difficult living conditions and low rate of socio-economic development over the decades. To support the region in reaching its full development potential, the Czech Development Agency and the Austrian Development Agency signed an agreement on Delegated Cooperation. The agreement…
New Visa research shows how essential digital capabilities are for SMBs to compete in a post pandemic world Amidst record rise of entrepreneurism, a new class of digitally-native small businesses emerge Georgia, Tbilisi – September 21, 2021 – Visa (NYSE: V) today announced it has helped to digitally-enable an estimated…
SOCAR bears exceptional social responsibility, having implemented numerous socially important projects for the benefit of our population in various regions of the country, as once again evidenced by this day, Georgian Prime Minister Irakli Garibashvili stated in his speech at the opening ceremony of a new sports complex in the…
MEPs adopted the reform of the EU Blue Card to facilitate the employment of highly qualified non-EU nationals and help alleviate labour shortages in key sectors The Blue Card Directive, in place since late 2009, defines the conditions of entry and residence that third country nationals (and their family members)…
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Business News

Georgian Lari Drops in Value against US Dollar

Georgian Lari Drops in Value against US Dollar

Georgian National Currency decreased by 0.0011 GELs against US Dollar. The official exchange rate to...

Georgia: EU approves first payment of budget support to DCFTA and SMEs

Georgia: EU approves first payment of budget support to DCFTA and SMEs

The EU has approved the disbursement of €6 million to the Georgian state budget, the first tranche o...

IFC and Partner Help Georgian Companies Improve Food Safety Standards to Increase Exports

IFC and Partner Help Georgian Companies Improve Food Safety Standards to Increase Exports

IFC, a member of the World Bank Group, is partnering with the Young Scientists’ Union, Intellect, to...

Georgia Adopts a Law on the Development of Mountainous Regions

Georgia Adopts a Law on the Development of Mountainous Regions

Targeted, poverty reducing benefits for people living in the highlands of Georgia, as well as incent...

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