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News Archive Choose Year 20112012201320142015201620172018201920202021202220232024   Choose Month... JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember         15 December 2011 EBRD to invest $200m in Georgia in 2012 The financial, agriculture and energy sectors will remain the top priority in Georgia for EBRD in 2012, according to Olivier Descamps, the Business Group Director of the European Bank for Reconstruction and Development (EBRD).         05 December 2011 Georgia begins construction of a new city in Samegrelo Georgia will have a new large city in the future, which will be called Lazika - Georgian president Mikheil Saakashvili announced during his visit to Zugdidi on Sunday. Saakashvili said the plan of new city`s construction is estimated on the next ten years and         01 December 2011 China set to invest $150 million in Georgia A Chinese investment group and Georgian government officials have signed a cooperation memorandum to create the Khualin international special economic zone in Tbilisi. The total amount of the investment from China exceeds $150 million.         01 December 2011 EUR 40 million framework financing to boost lending for agribusiness sector EBRD, under its newly launched initiative, the Georgian Agricultural Finance Facility (GAFF), will be providing up to EUR 40 million to its local partner banks in Georgia for on-lending to farmers and other agricultural entities. Bank of Georgia, TBC Bank,         28 November 2011 Tbilisi City Hall Plans To Upgrade Tbilisi Sea Infrastructure Tbilisi City Hall intends to renew the infrastructure of Tbilisi sea (Tbilisi reservoir is an artificial lake in the vicinity of Tbilisi that serves as a reservoir). According to the information we hold,         24 November 2011 Monetary Policy - Down, Prices and Interest Rates - Up Georgian Central bank lowered its policy rate by 25 basic points for the fourth consecutive time starting the past July as inflation pressure got milder. However, interest rates on credits as well as consumer prices on essential product are still soaring high. The Monetary Poli         24 November 2011 Georgia at MIPIM Asia exhibition The Georgian National Investment Agency (GNIA) participated in MIPIM Asia, a real estate exhibition held from November 15-17 in Hong Kong. GNIA, whose stated mission is to encourage national and foreign inv         15 November 2011 Georgia, Norway sign agreement on avoiding double taxation Georgia`s finance and foreign ministers, together with Norway`s foreign minister signed an agreement on avoiding double taxation and removing taxes between Georgian and Norway. Reportedly, the main purpose of the agreement is to assist deepening economic cooperatio         15 November 2011 Georgia Ranked 39th In Terms Of Tax Payments’ Facilitation Georgia is on the 39th position in the “Paying taxes 2012” rating that covers 183 countries. It was released by the World Bank (WB), the International Monetary Fund (IMF) and PriceWaterhouseCooper auditing. Georgia has improved its position by 22 notches rising to         15 November 2011 ''Silk Road Group" Plans To Build A New Hotel In Tbilisi "Silk Road Group" that built the world brand’s "Radisson hotel» in  Tbilisi plans to build a new hotel. It is known that the construction will launch in 2012 and will last for two 123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100101102103104105106107108109110111112113114115116117