Economic Minister reports preliminary results of foreign investments in 2011
Minister of Sustainable Development and Economics of Georgia Vera Kobalia reported the preliminary results of the foreign investments in 2011 to media today. According to the minister, 377 million dollar was re-investment of out direct foreign investments made in Georgia last year, which was 981 million in total. Most of the investments were made in industry sector; transport and communications was also in the focus of the investors. The largest investors in 2011 were Holland, Denmark and Azerbaijan. The final results of the foreign investments made in Georgia in 2011 will be published on August 15, 2012.
The government of Georgia will send a corrected version of the state budget 2014 to the parliament for approval this week. Minister of Finance Nodar Khaduri says only several parts of the document will be corrected, however, the minister does not specify to which spheres the amendments will be made.
Georgia`s outgoing president Mikheil Saakashvili has posted on facebook regarding the recent statement of the Russian president Vladimir Putin about Russia`s moving up in the WB`s doing business ratings.
Minister of Energy and Natural Resources of Georgia Kakha Kaladze has summed up one year of his work at the meeting with media today. Kakha Kaladze spoke about the investments, which were made in Georgia`s energy sector during past six months.
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Construction of nine new school buildings will begin in Georgia soon. Minister of Education of Georgia Tamar Sanikidze met with developer companies to introduce the terms and conditions of the tender which will be announced for the implementation of ...
Russia`s Veterinarian and Phytosanitary Agency has signed an agreement about returning citrus products and fruit from Georgia to Russian market. The product is allowed to be exported from Georgia to Russia from today - the head of the aforementioned agency Sergei Dankvert told Russian media.
“Minister of Finance of Georgia Nodar Khaduri disagreed with the data of the International Monetary Fund on Georgia included in the World Economic Outlook 2013 document. According to the report, the prognosis on economic growth in Georgia has been reduced to 2,5%in 2013.
Russia`s consumer watchdog has blocked up the import of 28 types of Georgian wines refusing to register them. The chief of the Rospobtrebnadzor, Genady Onishchenko says that despite a long-term embargo on Georgian products