The News in Brief
Tuesday, February 5
Geostat: GDP Growth 4.8% in 2018 – Preliminary Data
Georgia’s real GDP grew by 5.6% in December 2018 compared to the same period last year, according to the preliminary data released by the state statistics office, Geostat, on January 31.
According to the report, in December, real growth was registered in the following sectors: manufacturing, construction, hotels and restaurants, real estate, renting and business activities.
A decrease was reported in electricity, gas and water supply, transport and financial intermediation.
Geostat also reported that the average growth of real GDP in 2018 equaled 4.8%.
The government forecasts 4.5% economic growth in 2019.
(Civil.ge)
US Congressman: We want to see strong Georgia that will be able to resist Russia
We want to see strong Georgia that will be able to resist Russia, - Republican Congressman Duncan Hunter said in an interview with the Voice of America. According to him, "Georgia is on the right path."
"We want to see strong Georgia that can resist Russia and that embodies freedom and democratic values in harmony with our values ... We believe in one thing, which unites us... Georgia is on the right path. Now it's time for America to show support and help Georgia. We are doing this in Congress, with a resolution in support of Georgia. We should help Georgia and other free countries fighting against Russia in every possible way," said Duncan Hunter.
(IPN)
Georgia’s real GDP grew by 5.6% in December 2018 compared to the same period last year, according to the preliminary data released by the state statistics office, Geostat, on January 31.
According to the report, in December, real growth was registered in the following sectors: manufacturing, construction, hotels and restaurants, real estate, renting and business activities.
A decrease was reported in electricity, gas and water supply, transport and financial intermediation.
Geostat also reported that the average growth of real GDP in 2018 equaled 4.8%.
The government forecasts 4.5% economic growth in 2019.
(Civil.ge)
US Congressman: We want to see strong Georgia that will be able to resist Russia
We want to see strong Georgia that will be able to resist Russia, - Republican Congressman Duncan Hunter said in an interview with the Voice of America. According to him, "Georgia is on the right path."
"We want to see strong Georgia that can resist Russia and that embodies freedom and democratic values in harmony with our values ... We believe in one thing, which unites us... Georgia is on the right path. Now it's time for America to show support and help Georgia. We are doing this in Congress, with a resolution in support of Georgia. We should help Georgia and other free countries fighting against Russia in every possible way," said Duncan Hunter.
(IPN)