News of the day
The US State Department recently published a report lauding the investment environment in Georgia, attributing its success to economic stability and progressive reforms undertaken by the nation.
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Business
Economics
Space International, a subsidiary of TBC Group, has partnered with Thoughtwokrs, a global tech consulting company. This is the first project of Thoughtworks in the Caucasus and Central Asia region. Within the framework of the partnership, Thoughtworks will help the first Georgian international financial-technological company - Space International, in tech transformation, introduction of updated engineering culture and strengthening of technical architecture.
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The leather accessories company Gepherrini is performing with 23% growth in 2022.
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Other news
Zurab Dznelashvili has officially stepped down from his position as Advisor to the Minister of Finance of Georgia, marking the end of his 20-year career in the public sector.
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A passenger train service will be reinstated on the Baku-Tbilisi-Baku route starting in April 2025, according to Azerbaijani media, citing government sources.
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The state program supporting hazelnut farmers will continue in 2025, with an increased budget of 23 million GEL, according to the Rural Development Agency. The Georgian government officially approved the program and published the relevant resolution in the Legislative Gazette on February 11.
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The National Bank of Georgia has set a new exchange rate. As a result of the trading on February 13, the US dollar strengthened and became worth 2.8157 lari. The previous exchange rate was 2.8089 lari.
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