News of the day
Tbilisi's Whisky Festival 2025 invites whisky enthusiasts, industry professionals, and lovers of fine taste to explore the diverse and refined world of whisky. Over two vibrant days at Expo Georgia, visitors will experience:
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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
The National Bank of Georgia has set a new currency rate.
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"For 30 years, the GEL has been the only means of payment in Georgia," said Academician Vladimir Papava at a scientific conference held on the occasion of Economist's Day, dedicated to the 30th anniversary of the introduction of the GEL into circulation.
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“In 1995, before the introduction of the lari, the Ministry of Finance played a major role in establishing the economic foundations. We managed to mobilize 20% of GDP into the budget and monetize all humanitarian aid, which helped stabilize the coupon,” said David Iakobidze, Georgia’s Minister of Finance from 1993 to 1997, who was actively involved in launching the country’s first national currency.
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The National Environmental Agency warns the population of Georgia about possible deterioration of weather conditions.
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