Tag: Economics

MagtiCom transfers 3 million GEL to Georgian Governmental Fund to combat coronavirus
Ivane Machavariani says several options are considered to assist population amid coronavirus outbreak
State of Emergency does not restrict port cargo operations
APM Terminals Poti continues to handle cargo in the wake of the virus outbreak
Georgian Airways sends 95% of its staff on unpaid leave for indefinite period
More than 10,000 tons of wheat imported into Georgia
Minister of Economy calls on trade centers for not benefiting from situation
Terms of customs clearance to be extended to car importers
Geostat publishes monthly figures of subsistence minimum
NBG carries out quarantine measures in case of cash money
NBG sells USD 20 million at auction
Government offers postponement of property and income taxes to tourism linked businesses
TBC Bank offering 3-month grace period on loan payments
Georgia exports 12.1 million bottles of wine to 39 countries in Jan/Feb 2020
Wizz Air offers passengers who booked tickets for Georgia-Italy flights to change the flight date or reimburse the cost of tickets
National Bank - Decision to simplify banking regulations has been made
Sebastian Molineus – 2020 will be the year to test the durability of global and Georgia’s economy
Ryanair to reduce flights from Italy to Georgia
Due to the restriction in connection with coronavirus  our tourism industry has been damaged by more than 30 million GEL
World Bank supports Georgia’s human capital by helping enhance the quality of education