Georgian economy shrank by 3.9% in October - Geostat

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29 November 2024, 07:35

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01:18
The manifestation in the vicinity of the Parliament exceeded the norms defined by the Law on Assembly and Manifestation - MIA
28 November

23:38
As a result of the alleged violent action from one of the protesters against the police, 1 employee of the MIA was injured and taken to the medical facility

23:14
Protest rally on Rustaveli Avenue - some activists are trying to cause noise, are hitting the iron barriers at the entrances to the Parliament

23:00
Each illegal action will be followed by respective legal response from the side of the police - MIA

20:30
Putin threatens to use “all means of destruction” if Ukraine gets nuclear weapons
18:40
Technically, it takes only about a 1.5 - 2 years from opening negotiations to achieve EU membership, and no expansions to the East are anticipated by 2030 – Prime Minister

18:39
Against the backdrop of the outbreak of war in Ukraine, when Georgia needed peace most of all, some European politicians sought to provoke unrest using candidate status – Kobakhidze

18:30
We will continue moving towards the EU, yet we will not accept a state of permanent manipulation or blackmail - Prime Minister

18:22
Statement by Georgian Dream – Democratic Georgia
18:21
We are a proud and dignified nation with a rich history, thus, we find it unacceptable to view our integration into the EU as a favour to be granted – Kobakhidze

18:19
We decided not to put the issue of opening accession talks with the European Union on the agenda until the end of 2028 - Irakli Kobakhidze

17:36
Rikoti Pass is open to all types of vehicles

17:34
From December 1, it is mandatory to equip vehicles with winter tires on certain sections of the road
16:59
European Parliament has adopted a non-binding resolution on Georgia

15:53
European Parliament has overwhelmingly passed a non-binding resolution on Georgia - Rikard Jozwiak

15:28
Diplomat’s work should be aimed at strengthening relations between countries, not undermining them - Botchorishvili on Fischer’s statement

14:41
Recalling the German Ambassador would be a great honor, I don’t think we should make such a decision. Actually, Germany doesn’t have an Ambassador in Georgia today - Kobakhidze
14:31
If the EU wants “regime change” and the return of criminals to power, then the EU Ambassador should confirm this - Kobakhidze

14:22
We also have something to prove to the EU if we want to join, but the EU also had to prove that they respect the country’s dignity and protect our national interests, our traditional values - Kobakhidze

13:45
Georgian lawmakers approved Irakli Kobakhidze to continue as Prime Minister

13:42
Parliament of Georgia expressed confidence in the Government
13:17
In economic terms, we have achieved significant progress, especially over the past 4 years, we have an ambitious goal and by 2028 aim for the economy to exceed USD 36,000 per capita - Kobakhidze

12:43
2029 is the maximum deadline when we will be able to receive 600,000 containers per year at Anaklia Port - Kobakhidze

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Georgian economy shrank by 3.9% in October - Geostat

30-11-2020 11:30

Estimated real Gross Domestic Product (GDP) declined by 3.9 percent in October 2020. Such a statement made today Gogita Todradze, the executive director of the National Statistics Office.

“According to the declared data of VAT-paying enterprises, in October 2020, compared to the same period last year, the economy of our country shrank by 3.9%. Therefore, the average rate of decline in the first 10 months is -5.1%”, - added Todradze.

Geostat produces monthly rapid estimates of real GDP growth rate using administrative data on VAT taxpayers’ turnover, fiscal and monetary statistics.

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