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During the first quarter of 2016, according to the preliminary data: The real GDP growth rate of Georgia was 2.6% The most significant sectors were industry (16.9%), trade (15.8%) and transport and communications (13%). The…
In the first quarter of 2016, according to the preliminary data: The volume of Foreign Direct Investment (FDI) in Georgia increased by 103% compared to the first quarter of 2015 and amounted to US$376.4 mln.…

April-May, 2016

13-Jun-2016
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On 15 June 2016, the value of 1 USD is 2.132 GEL, which is 17.2% lower compared to the highest indicator of 2016 (2.498 GEL) so far. This issue reviews the dynamics of the key…
In 2015: The volume of construction output increased by 4% compared to the corresponding indicator of 2014 and amounted to 4,254 mln GEL. Foreign Direct Investments in the construction sector declined by 59% compared to…
In the first quarter of 2016: The volume of state budget tax revenues increased (8.4%) compared to the corresponding period in 2015. The indicator of tax revenue compliance compared to the annual plan is 25.7%.…
In the first quarter of 2016: The volume of registered trade turnover in goods was US$2 146 mln. The share of registered import of goods in total turnover was 79.4% and the share of registered…
In 2015, according to the preliminary data, the real GDP growth rate of Georgia amounted to 2.8%.In this period, the largest sectors according to production outputs were trade (16.6%) and industry (16.5%), but compared to…
In 2015, according to the preliminary data, the volume of Foreign Direct Investment (FDI) amounted to US$1 351 mln in Georgia, which is US $407.4 mln less than the adjusted indicator of 2014. This indicator…
In December 2015, compared to the same month of the previous year 2014, the volume of total deposits increased by 24.8% (3 080 mln GEL), while the volume of total loans to the national economy…
On February 2, 2016, based on the official exchange rate, the value of 1 USD is 2.47 GEL. During  January 2016, GEL depreciated towards USD by 0.08 point (3.1%) compared to the previous month and…

Compulsory Saving Pension Scheme – Challenges and International Practices

10-Dec-2015
Society was always facing material security issue. Conventional approach, market mechanisms were unable to solve all the problems, so the state took responsibility for it. As a result, new challenges raised, that were exacerbated by the latest demographic trends and put under risk future sustainability…
According to the preliminary data, in the first three quarters of 2015, the volume of Foreign Direct Investment (FDI), an important source of economic growth, amounted to US$1019.0 mln in Georgia. In this period, the…

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