Sep
30
August GDP Growth 2.3% – Preliminary Data
Georgia’s real GDP grew 2.3% year-on-year in August, according to preliminary data released by the state statistics office Geostat.
Georgia News
Sep
28
President Reluctantly Signs Prosecutor’s Office Reform Bill into Law
Although it fails to provide “real reform” of the Prosecutor’s Office, President Giorgi Margvelashvili has signed a bill into law introducing new rule of selecting and electing chief prosecutor, his parliamentary secretary said.
Sep
24
Human Rights Committee Gives Tentative Support to Parliament Quotas for Women
Parliamentary committee for human rights gave a go-ahead to formal initiation of a bill, which, if approved, would set mandatory quotas for women to help increase the number of female members in the legislative body
Sep
23
Govt Targets 3% Economic Growth in 2016
The Georgian government proposed state budget for 2016 will set next year’s economic growth forecast at 3%, PM Irakli Garibashvili said at a government session on September 23.
Sep
23
Central Bank Increases Key Rate to 7%
The National Bank of Georgia (NBG) raised its key refinancing rate by one percentage point to 7% on September 23, citing “significant increase in the inflation expectations” amid depreciation of the national currency lari.
Sep
23
GD Parliamentary Majority Leader Becomes CEO of Partnership Fund
Leader of the Georgian Dream majority group in the Parliament, MP Davit Saganelidze, is quitting the legislative body to take the post of head of the state-owned investment fund.
Sep
21
Formal Procedures Launched for Draft of Constitutional Changes for Post-2016 Elections
Parliament has launched formal procedures for Georgian Dream ruling coalition-initiated draft of constitutional charges to scrap the majoritarian component of the electoral system for the elections that will be held after the 2016 parliamentary polls.
Sep
18
EU, U.S. Welcome Constitutional Court Ruling on Pretrial Detention Limit
The U.S. embassy and the EU delegation to Georgia have welcomed the Constitutional Court’s September 16 decision, which ruled that keeping an accused person in pre-trail detention beyond 9-month limitation is unconstitutional.
Sep
17
New U.S. Ambassador to Georgia Takes Office
New U.S. ambassador to Georgia, Ian C. Kelly, presented his credentials to President Giorgi Margvelashvili on September 17.
Sep
14
The Poor Class to Increase By 10-12% In Georgia
The GEL devaluation and a rise in prices on products, electricity and other services are shaking the solvency of Georgia’s citizens. If prices keep rising and the inflation rate hits 10%, the quantity of impoverished people in Georgia will increase extremely.
