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Roman Gotsiridze:
In a period of two months, the Ministry of Finance of Georgia has lent GEL 500 million to banks. The GEL depreciation started from that period

On 20 September 2017, at a session of the Parliament of Georgia, Roman Gotsiridze stated: “Since 5 July 2017, the Ministry of Finance of Georgia has lent GEL 0.5 billion to commercial banks as three-month long deposits. From the period when that money appeared in circulation, GEL started to depreciate.” According to the statement, Mr […]

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Giorgi Kvirikashvili:
According to the macroeconomic environment indicator, we were 137th five years ago, whilst today we occupy the 40th place

The Prime Minister of Georgia, Giorgi Kvirikashvili stated at an international conference organised by the McCain Institute and EPRC International: “According to the World Economic Forum’s macroeconomic environment indicators, we were in the 137th place five years ago. Today, we are in the 40th place, meaning that we have improved our position by 97 places.” […]

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FactCheck Newspaper
For the first time in the past seven years, Georgia’s ranking worsened in the Global Competitiveness Index

On 27 September 2017, the World Economic Forum (WEF) published the Global Competitiveness Index Report for 2017-2018. The report is a study of the competitiveness of 137 countries. Georgia holds the 67th position in the study. According to last year’s report (2016-2017), Georgia occupied the 59th position. Georgia’s total number of points has not changed […]

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Uncategorized
Elene Khoshtaria:
Fuel expenses at Tbilisi City Hall have increased eightfold whilst furniture expenses doubled and reach hundreds of thousands

“Bakradze, Ugulava – European Georgia” mayoral candidate for Tbilisi, Elene Khoshtaria, has spoken about the possibilities of increasing pensions in Tbilisi (at the expense of cutting bureaucratic expenditures at Tbilisi City Hall) on air on TV Pirveli and underscored specific money saving activities. Ms Khoshtaria stated: “For instance [at Tbilisi City Hall,] fuel expenses have […]

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Mostly False
Dimitri Kumsishvili:
The GEL depreciation is a seasonal event which has already passed

After the eight-month long trend of GEL appreciation, Georgia’s national currency depreciated again vis-à-vis USD in September 2017. The Minister of Finance of Georgia, Dimitri Kumsishvili, assessed the GEL depreciation as a temporary, seasonal event. FactCheck verified the accuracy of the statement. Georgia has a floating currency exchange rate. Therefore, the GEL to USD exchange […]

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Giorgi Kvirikashvili:
Georgia is the leader in terms of support received per capita from the European Bank for Reconstruction and Development

At a joint press conference with the President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabati, the Prime Minister of Georgia, Giorgi Kvirikashvili, remarked: “Georgia is the leader in terms of support received per capita from the European Bank for Reconstruction and Development.” The Prime Minister also added that the EBRD implemented […]

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Mostly True
Archil Talakvadze:
Wine export from Georgia has increased by 60%. We have the biggest growth of wine export to China, France and Israel

At the Plenary Session of the Parliament of Georgia, Parliamentary Majority leader, Archil Talakvadze, stated the following in his speech: “Wine export from Georgia has increased by 60%. Wine is exported to 44 countries. We have the biggest growth of wine export to China, France and Israel.” FactCheck verified the accuracy of the statement. According […]

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True
Anatoly Bibilov:
Ossetian patients from Tskhinvali who go to Georgian clinics are humiliated and have to deal with the Georgian Special Services

The so-called President of the de facto Republic of South Ossetia, Anatoly Bibilov, in his interview with Alaniatv.ru, spoke about plans to improve the healthcare system in Tskhinvali and stated that his government does its best to reduce the number of patients from Tskhinvali who go to Georgian clinics for medical treatment. Anatoly Bibilov stated […]

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Lie
Roman Gotsiridze:
Two years ago, the Competition Agency of Georgia fined oil companies GEL 50 million. The oil companies appealed the fine and the Agency lost all the cases in court

A member of the United National Movement, Roman Gotsiridze, published the following statement on his personal Facebook page: “Two of the most useless state organs are the business ombudsman service (it has to be abolished immediately) and the Competition Agency (the number of employees has to be reduced to a minimum). The only thing that […]

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