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Solar Power Scale: Policy Schemes for Supporting Solar Power Generation in Georgia

20-Oct-2015
Solar power is one of the fastest growing renewable energy technologies becoming competitive with traditional sources of electricity generation. Its main characteristics are: high initial investment costs, free fuel during the operations period and environmentally friendly nature. All this makes solar one of the best power…
In the first three quarters of 2015, compared to the indicator of 2014, the external public debt declined by 0.1%, while the corresponding indicator in GEL increased (27.7%), this is attributable to changes in the…
During the first three quarters of 2015, the tax revenues of the state budget increased by 11.2% compared to the corresponding indicator of 2014. In this period, 75.8% of the planned annual tax revenue for…
During the first three quarters of 2015, the share of trade turnover between Georgia and EU member countries in Georgia’s total trade turnover is 31.7%, which exceeds (5.6% point) the same indicator in 2014. In…
During the first half of 2015, the real Gross Domestic Product (GDP) of Georgia increased by 2.8% (208.2 mln GEL) compared to the corresponding period in 2014. In this period, the volume of Foreign Direct…
The growing number of visitors (tourists, one-day visits, and transit) to Georgia is important for the further development of the country’s tourism sector, as well as for increasing the inflow of foreign currency. In January-August…
For the period of January-July 2015, the indicator of state budget revenues compliance is 58.0% and the indicator of state budget expenditure compliance is 56.3%. These indicators exceed the corresponding indicators of 2014 by 2.4…
In 2014, the breakdown of Georgian exports by country noticeably differed from 2005 (before Russian embargo). In 2005, Russia was the largest market for Georgian exports and the share of Russia with a share of…
China is the second largest trading partner of Georgia. In 2014, total trade turnover between Georgia and China amounted to 823.4 mln. USD, which is 7.2 % of total turnover. Georgia and China intend to…
In June 2015, compared to the corresponding period in 2014: • The volume of deposits increased (24.8 %; 2 719.5 mln GEL), as well as increased the volume of loans to the national economy (32.6…

Joint Feasibility Study on China-Georgia Possible Free Trade Agreement

07-Aug-2015
The study showed that a free trade agreement between Georgia and China has great potential. Georgia’s export to China would increase by 9% approximately, in the short-term period including significant growth of wine exports (28.5%) and non-alcoholic drinks (36.7%). On the other hand, imports from…
In June 2015, compared to June 2014, consumer prices increased by 4.5%. In this period, the highest growth of prices recorded on the following categories: • Alcoholic beverages and tobacco (11.4%). Among them increased the…
In the first quarter of 2015, the nominal GDP increased by 8.3% and real GDP increased by 3.2% compared to the first quarter of 2014. In this period, total volume of the final consumption expenditures…
საქართველო, როგორც მცირე ღია ეკონომიკა, მნიშვნელოვნად არის დამოკიდებული საგარეო ფაქტორებზე, მათ შორის უცხოეთიდან შემოსულ ფულად ნაკადებზე, როგორებიცაა პირდაპირი უცხოური ინვესტიციები და ფულადი გზავნილები. 2015 წლის ბოლომდე მოსალოდნელია ფულადი გზავნილების 330 მლნ.დოლარით შემცირება, თუმცა გაცვლითი კურსისა…
GEO
In the first quarter of 2015, the production in business sector increased by 11.9%. in comparison with the first quarter of 2014. In this period the average monthly remuneration of employed individuals increased by 72.6…

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