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Batumi hosts the International Maritime Forum of Georgia

{The Week} | economs
Batumi hosts the International Maritime Forum of Georgia. The conference opened today and delegates arrived from 53 countries. A Prime Minister of Georgia and members of the government attend the forum as well. It is scheduled to sign some memorandums, between them is a document, that will give
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Investment Energy Forum in Batumi - Representatives of 11 countries are attending the event

{The Week} | economs
Investment Energy Forum is underway in Batumi. The organizers of the event are the Asian Development Bank and the Ministry of Economy. Representatives from 11 member states of the Central Asian Regional Economic Cooperation are participating. These are countries that play a major role in the
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The most ungrateful activity is to make a prediction about Lari rate- Minister of Finance

{The Week} | economs
"It is the most ungrateful activity to make a forecast on the Lari rate ," said the Minister of Finance of Georgia, Ivane Machavariani. Ivane Machavariani finds it difficult to make a prediction when Lari will start to strengthen. The minister also said that the National Bank is treating changing
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Nika Melia names as one of the main reasons for lari impairment the government"s incompetence

{The Week} | economs
Nika Melia, secretary of the political council of the "National Movement" responds to the process of impairment of the national currency. Nika Melia names as one of the main reasons for lari impairment the government"s incompetence. Nika Melia says that under the "Georgian Dream" government, a big
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Irakli Karseladze, the First Deputy Minister of Regional Development and Infrastructure, can not specify to whom the Prime Minister addressed while speaking aboutunreasonable tourist zones . Irakli Karseladze confirms that the situation in the resort zon

{The Week} | economs
Irakli Karseladze, the First Deputy Minister of Regional Development and Infrastructure, cannot specify to whom the Prime Minister addressed while speaking about unreasonable tourist zones. Irakli Karseladze confirms that the situation in the resort zones is really difficult, but he says that
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Agreement with Germany - gas reservoir will be built with German aid

{The Week} | economs
One of the results of business meetings held in Georgia in the frames of German Chancellor"s visit, is an agreement on construction of underground gas storage. The gas reservoir for which the German Reconstruction and Development Bank will allocate 150 million euros, will be built on the territory
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At the end of the week,GEL strengthened with respect to US dollars and euro

{The Week} | economs
At the end of the week, ,GEL has strengthened with respect to US dollars and euro. According to the data released by the National Bank of Georgia yesterday, the value of 1 USD was 2.5720 lari. The course, which was yesterday, was 2.5862 GEL. Consequently, the dollar change amounted to 0.0142 GEL in
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Georgian-German business meeting held at the Ministry of Economy

{The Week} | economs
German-German business meetings are scheduled within the framework of the German Chancellor"s visit. The first meeting is held at the Ministry of Economy and Sustainable Development. Negotiations between Georgian Railway and Deutsche Bank will be discussed at the meeting. They will also discuss the
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GEL continues to depreciate - official value of 1 dollar is GEL 2.5779

{The Week} | economs
The national currency has devaluated again. According to the National Bank data, the official value of 1 USD was 2.5779 GEL. The current rate was 2.5773 GEL. The change in dollar amounted to 0.006 GEL in respect to the national currency. The gel was depreciated with respect to the euro. The cost of
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"If the price of gas is increased, the price for bread will rise, it will be more than one lari" - entrepreneurs and experts comment on the rise of gas prices

{The Week} | economs
According to experts and entrepreneurs, the increase of natural gas for commercial consumers will increase prices for products and services. The bakers say that the price of the flour has already increased, and the increase in the gas tariff will increase the price for bread. The owners of the
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13 million spent on salaries and services - Opposition responds to the audit report on expenditures of presidential administration

{The Week} | economs
13 million spent on salaries and services - the audit report on the expenditures of the presidential administration was followed with political assessments. Opposition estimates that every institution should pay special attention to spending budget funds. According to the representatives of
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National Bank established a new rate of GEL

{The Week} | economs
The national currency rate has been strengthened against the dollar. The new exchange rate of the National Lari has been established. The official price of the US dollar was 2.6074 GEL. The course, which was operating today, was GEL 2.6343. As for the euro, the gel is also slightly strengthened
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2.63 - GEL was reduced by about 7 points towards the dollar

{The Week} | economs
Gel continues to impair with speed record - The National Bank of Georgia has set a new exchange rate, according to which, dollar price has become 2.6343 Gel. Starting with tomorrow, 1 USD will cost 2.6343 Gel, while the previous rate was 2.5694 Gel. As for the euro, its exchange rate is 3.0047 Gel,
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National currency is denominated at record rate - 1 dollar value reached 2.66 tetri

{The Week} | economs
National currency continues to impair. Lari exchange rate is changing every minute. The starting point of the Lari course was 2.56 in the morning, but the Lari market rate is 2.61. The rate is higher in commercial banks. The price of 1 dollar in the bank of Georgia is 2.66 Tetri, for TBC Bank - one
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The government has a plan to provide stability of GEL- Irakli Kobakhidze

{The Week} | economs
Irakli Kobakhidze, the Chairman of the Parliament of Georgia responds to impairment of the rate of GEL. Irakli Kobakhidze linked impairment of the Lari course to external factors and states that the government has a plan to maintain the stability of the Lari. "We have, of course, a permanent
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National currency devaluated to a record low ratw with respect to USD and Euro

{The Week} | economs
The national currency has devaluated by the end of the week. According to official data, in the last 24 hours lari has fallen by almost 7 tetri against the dollar. According to the rate established by the National Bank, the official price of one dollar reached GEL 2.5339, while the value of one
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"As long as Bidzina Ivanishvili rules the country, the currency fluctuations will be permanent" - opposition responds to the impairment of Lari with record speed

{The Week} | economs
The opposition responds to the impairment of the Lari with record speed. Opposition criticizes the government and calls on the government to take effective steps. Member of the Political Council of the "United National Movement" Zurab Melikishvili notes that the depreciation of the Lari is caused
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GEL depreciates - the cost of 1 dollar in commercial banks reaches 2.62 GEL

{The Week} | economs
The national currency significantly diminished today. One dollar reaches 2.62 GEL in commercial banks. The price of one dollar in TBC Bank is 2.61 GEL. As for the Bank of Georgia, one dollar is available for 2.60 GEL. The dollar rate is high in foreign currency booths as well. The cost of the
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By the end of the week, GEL devaluated in relation to of US dollars

{The Week} | economs
By the end of the week, GEL devaluated in relation to of US dollars According to the data released by the National Bank of Georgia yesterday, the value of 1 USD was 2.4484 lari. The course, which was operating yesterday, was GEL 2.4469. Accordingly, the change in dollar amounted to 0.0015 GEL per
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"Ecological problems are much more important than economic" - Minister of Finance

{The Week} | economs
"Environmental problems are much more important than economic," said Ivane Machavariani, the Finance Minister who responded to the special operation in Svaneti. According to him, illegal logging should end in the country. "We believe that trees need protection. This day is a proof. The Svaneti
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