Economics
The National Bank of Georgia has set a new exchange rate. As a result of trading on March 12, the US dollar depreciated and amounted to 2.6570 lari. Today's rate was 2.6573 lari.
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The National Tourism Administration of Georgia has shared its projections for the tourism sector in 2024, setting ambitious targets for the upcoming year. The agency forecasts a total of 6.8 million passengers, with tourism revenues expected to reach $4.5 billion. Additionally, it anticipates 7.9 million international travelers and 5.2 million international tourist visits.
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The National Bank of Georgia has set a new exchange rate. As a result of trading on February 27, the US dollar strengthened and amounted to 2.6562 lari. Today's rate was 2.6525 lari.
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The National Bank of Georgia has set a new exchange rate. As a result of trading on February 14, the US dollar depreciated and amounted to 2.6483 lari. Today's rate was 2.6517 lari.
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The National Bank of Georgia has set a new exchange rate. As a result of trading on February 8, the US dollar depreciated and amounted to 2.6573 lari. Today's rate was 2.6592 lari.
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The National Bank of Georgia has published its January 2024 Monthly Review, offering a comprehensive analysis of the latest macroeconomic trends and developments in the country's banking and financial sectors.
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The Georgian National Energy and Water Regulatory Commission (GNERC) recently hosted a critical meeting focused on the implementation of Georgian Water and Power LLC’s investment plans for the years 2024-2026.
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The Energy Training Center at the National Energy and Water Regulatory Commission of Georgia (GNERC) is currently accepting registrations for its comprehensive training course titled "Fundamentals of Regulation in the Electric Energy Sector."
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According to the latest data from the National Bank of Georgia (NBG), there was a notable increase in the demand for cash in December, resulting in a significant rise of over 300 million GEL in the cash circulation. By the close of 2024, the GEL in circulation almost touched the 6 billion GEL mark, settling at approximately 5.8 billion GEL.
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Georgia's commitment to renewable energy development has reached a new milestone with the inclusion of over 1000 micro power plants in the net-metering network, according to the National Energy and Water Supply Regulatory Commission of Georgia (GNERC).
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The National Bank of Georgia has set a new exchange rate. As a result of trading on December 27, the US dollar strengthened and amounted to 2.6920 lari. Today's rate was 2.6908 lari.
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In 2023, Georgian wine has witnessed an increase in its export value, ranking it second among Georgia's export products. Official statistics reveal that in the first 11 months of 2023, Georgia exported 83.1 tons of wine valued at $239.3 million.
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Today's conference at the Black Sea Platform explored the imminent full operation of the Middle Corridor transport route, expected within the next year. The gathering saw participation from government bodies, business associations, diplomatic corps, and civil organizations from Georgia, EU countries, and regions. Key discussion points included the potential challenges and opportunities presented by this strategic corridor.
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Galt & Taggart's recent analysis of the beer sector reveals that beer prices in Georgian supermarkets are more affordable compared to Azerbaijan, Armenia, and Turkey, yet higher than in Kazakhstan. The report provides a comparative cost analysis across various countries.
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The National Bank of Georgia has set a new exchange rate. As a result of trading on December 8, 1 US dollar depreciated and amounted to 2.6695 lari. Today's rate was 2.6860 lari.
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Giorgi Papava, the manager of the "Reformer" program, shared insights on state participation in reforms during the "Business Partner Peak Hour" program. He noted that while the state is notably active in certain reforms, its involvement can be minimal in others.
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The National Bank of Georgia has set a new exchange rate. As a result of trading on December 6, the US dollar depreciated and amounted to 2.6860 lari. Today's rate was 2.6937 lari.
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The National Bank of Georgia has set a new exchange rate. According to the results of trading on December 4, the cost of 1 US dollar was 2.6943 lari. Today's exchange rate was 2.7026 lari - accordingly, the change in the dollar exchange rate against the national currency was 0.0083 lari.
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Starting next year, Georgian Airways will have new modern aircraft at its disposal, such as the Boeing 787 Dreamliner.
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JSC "Energo-Pro Georgia" has successfully completed the rehabilitation and reconstruction of the "Chkhari" high-voltage power transmission line, marking a significant investment of 2,000,000 GEL.
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Tbilisi Mayor Kakha Kaladze recently announced the introduction of new 18-meter buses, set to replace the existing 12-meter models on four major routes – N301, N302, N308, and N314. This change, part of a citywide transportation overhaul, aims to enhance passenger capacity and reduce wait times.
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The National Bank of Georgia has set a new exchange rate. As a result of trading on November 13, the US dollar depreciated and amounted to 2.6970 lari. Today's rate was 2.6989 lari.
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JSC "Energo-Pro Georgia" has successfully completed the rehabilitation and reconstruction of the "Chkhari" high-voltage power transmission line, marking a significant investment of 2,000,000 GEL.
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The National Bank of Georgia has set a new exchange rate. As a result of trading on November 10, the US dollar depreciated and amounted to 2.6989 lari. Today's rate was 2.7048 lari.
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The National Bank of Georgia has set a new exchange rate. As a result of trading on November 3, the US dollar depreciated and amounted to 2.7138 lari. The current exchange rate was 2.7152 lari.
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