In the I quarter of 2024, the unemployment rate in Georgia decreased by 4.0 percantage points compared to the corresponding period of the previous year and equaled 14.0 percent. In the I quarter of 2024, compared to the corresponding period of the previous year, the number of hired employees increased by 89.4 thousand persons (10.4%) […]
Read moreGeorgian Deputy Economy Minister Vakhtang Tsintsadze on Monday said “positive trends” in the domestic labour market were expected to continue in the coming quarters and make 2024 a year of “new record indicators”. Photo: Ministry of Economy Georgian Deputy Economy Minister Vakhtang Tsintsadze on Monday said “positive trends” in the domestic labour market were expected […]
Read moreIn 2023 the unemployment rate in Georgia decreased by 0.9 percentage points compared to 2022 and amounted to 16.4 percent. In 2023 labour force participation rate (share of the labour force in the total population aged 15 and older) increased by 1.4 percentage points compared to the previous year and became 53.3 percent, while the […]
Read moreGeorgia has been ranked ninth among the top 10 countries in the world with the highest percentage decrease in unemployment over the last 12 years in the World Economic Review by the International Monetary Fund. Photo: Nino Alavidze/Agenda.ge \ Georgia has been ranked ninth among the top 10 countries in the world with the highest […]
Read moreDeputy Minister of Foreign Affairs of Georgia Aleksandre Khvtisiashvili met with the Ambassador of the People’s Republic of China to Georgia, Zhou Qian. The Ministry of Foreign Affairs publishes information about this. According to their information, the ambassador of the People’s Republic of China in Georgia officially handed over a note to the Georgian side, […]
Read moreGeorgian Economy Minister Levan Davitashvili on Monday said recent amendments in the domestic tax code, aimed at asset transfers from countries with preferential taxation to Georgia, had allowed the country to attract “more capital, investments and property” and make it an “attractive investment country for investors”. Photo: Ministry of Economy Georgian Economy Minister Levan Davitashvili […]
Read moreThe Parliament of Georgia on Wednesday approved amendments into the tax code of the country that will see tax debts totalling ₾591 million ($221.53mln) written off for 145,842 individuals and establishment of temporary tax reliefs for certain transactions. Paata Kvizhinadze, the Chair of the Budget and Finance Committee, said all private entities, including individual entrepreneurs, […]
Read moreVisa-free travel between China and Georgia has been officially signed. The document was signed by the Minister of Foreign Affairs of Georgia, Ilia Darchiashvili, and the Ambassador of China to Georgia, Chou Tsien. After entering into force, the agreement will allow citizens of Georgia to travel to China without a visa and stay in the […]
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