Only 25% of the trade turnover was exported in 2014

Only 25% of the trade turnover was exported in 2014

28-Mar-2015
PMCG issued 2014 foreign trade date and review.
PMCG: If the economy will grow less than estimated, tax revenues will be less

PMCG: If the economy will grow less than estimated, tax revenues will be less

18-Mar-2015
Government should take appropriate steps to reduce budget costs and control budget deficit, namely: costs should be reduced in accordance with the reduced tax revenues. If the economy will grow only by 2% and inflation forecast will be justified (4%), then the costs should be…
The country’s monetary and fiscal policy makers should coordinate

The country’s monetary and fiscal policy makers should coordinate

18-Mar-2015
According to PMCG, Georgia’s economy may grow only by 2%. The organization explains that if inflation rate won’t exceed the forecasted one (4%), nominal GDP will grow only by 6%, that is lower (1 750 mill Gel) the 9.5% - envisaged while planning 2015 budget.…
What’s wrong with the economy: 5 questions to 8 experts

What’s wrong with the economy: 5 questions to 8 experts

12-Mar-2015
Tamar Jugheli, Research Director at PMC RC discusses about exchange rate. Three advices to people how to act in this situation: 1. Don’t panic, as speculations may aggravate citizens more; 2. In future, take loans or other obligations in the currency in which they have…
Monetary crises and Georgian banks’ offer

Monetary crises and Georgian banks’ offer

27-Feb-2015
Tamar Jugheli, Research Director at PMC RC at Radio Tavisupleba studio, discussing about the monetary crises and the offer from Georgian banks about the extension of the loan.
Falling Exchange Rate Discourages Bank Borrowing, Survey Shows

Falling Exchange Rate Discourages Bank Borrowing, Survey Shows

24-Feb-2015
The ongoing dramatic devaluation of the Georgian Lari towards the USD is discouraging citizens from borrowing from banks for fear of not being able to repay the loans, a recent survey by The FINANCIAL has shown. More than half of the respondents had planned to…
Experts explain reduction in economic growth by several factors

Experts explain reduction in economic growth by several factors

06-Feb-2015
Part of the experts agree with the arguments of the Government and claim that reduction in economic growth forecast is linked with the external factors. Others believe that the wrong economic policy of the Government have greater impact than the external factors.
Aleksi Aleksishvili: it was impossible to artificially appreciate Georgian Lari

Aleksi Aleksishvili: it was impossible to artificially appreciate Georgian Lari

30-Jan-2015
Georgia economy is weak, small. Therefore Lari could not resist the global situation. The main question that arises – whether the National Bank of the Government could artificially intervene to continue the course of the work as it was before. The answer is obvious –…
Aleksi Aleksishvili about fluctuation of Georgian Lari exchange rate

Aleksi Aleksishvili about fluctuation of Georgian Lari exchange rate

30-Jan-2015
PMCG’s General Director talks about Georgian Lari exchange rate fluctuation at Qronika live.
Aleksi Aleksishvili discusses about the factors influencing exchange rate

Aleksi Aleksishvili discusses about the factors influencing exchange rate

28-Jan-2015
General Director at PMCG, Aleksi Aleksishvili discusses about the major factors affecting Georgian Lari exchange rate at Maestro TV.