The FINANCIAL -- Economy -- In September 2018, the banking sector loan portfolio increased 18.8% y/y after growing 19.0% y/y in previous month, excluding the exchange rate effect. In unadjusted terms, loan portfolio was up 22.7% y/y and up 2.5% m/m to GEL
MoreThe FINANCIAL -- Economy -- Inflation was 2.7% y/y and 0.3% m/m in September 2018
MoreThe FINANCIAL -- Economy -- Exports up 16.6% y/y in August 2018. In August 2018, exports increased by 16.6% y/y to US$ 275.6mn, imports were up 8.3% y/y to US$ 761.1mn and the trade deficit widened 4.1% y/y to US$ 486.5mn, according to
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MoreThe FINANCIAL -- Fady Asly, Chairman of the International Chamber of Commerce (ICC) Georgia believes Revenue Service has become the number one impediment to doing business in the country. In his words the practice of auditing companies for months and penalizing them
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