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National Bank’s International Reserves Are Within Adequacy Zone
In July 2023, the volume of the National Bank’s international reserves surpassed the April record and reached USD 5.4 billion
15/08/2023FactCheck NewspaperFactCheck Newspaper -
“The nominal GDP per capita almost doubled in three years (2020-2023).”
Verdict: FactCheck concludes that Irakli Kobakhidze’s statement is HALF TRUE
14/08/2023Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Irakli Kobakhidze:“When you speak about the growth of trade with Russia, this is simply a lie.”
Verdict: FactCheck concludes that Irakli Kobakhidze’s statement is FALSE
31/07/2023FalseThe statement is inaccurate -
Otar Shamugia:“Wine export is growing. The growth rate was around 30% in the last year and this year, too, we have a massive growth in this direction in six months.”
Verdict: FactCheck concludes that Otar Shamugia’s statement is HALF TRUE
31/07/2023Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Combined Share in Assets of Georgia’s Two Largest Banks is Almost 80% and Over 90% in Profits
As of 31 December 2022, the total amount of assets of both the Bank of Georgia and TBC Bank is GEL 55.8 billion which accounts for 79.3% of the total bank assets
17/07/2023FactCheck NewspaperFactCheck Newspaper -
Gennady Arveladze:“After the free trade agreement came into effect, export to China doubled.”
Verdict: FactCheck concludes that Gennady Arveladze’s statement is MOSTLY TRUE
17/07/2023Mostly TrueThe application is accurate, but requires additional information and/or definition -
Mikheil Daushvili:“The Georgian Dream subjected the National Bank to a party vertical.”
Verdict: FactCheck leaves Mikheil Daushvili’s statement WITHOUT A VERDICT
10/07/2023Without verdictThe verification of the application can not be evaluated -
Roman Gotsiridze:“Our top export partner is Armenia, Russia is the second.”
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is MOSTLY TRUE
10/07/2023Mostly TrueThe application is accurate, but requires additional information and/or definition -
![“In 2022, revenues from export, tourism and remittances [from/to Russia] trebled to USD 3.6 billion.”](https://factcheck.ge/storage/files/320x180/9f4069d0-198c-11ee-bc55-014e7db91ff9.jpg)
“In 2022, revenues from export, tourism and remittances [from/to Russia] trebled to USD 3.6 billion.”
Verdict: FactCheck concludes that Teimuraz Janashia’s statement is TRUE.
03/07/2023TrueThe statement is accurate and nothing is missing -
Giorgi Kakauridze:“The revenue part of the 2022 budget was executed by 100.6% of the plan.”
Verdict: FactCheck concludes that Giorgi Kakauridze’s statement is TRUE
03/07/2023TrueThe statement is accurate and nothing is missing -
Tamaz Datunashvili:“Georgia’s trade turnover with Russia in 2022 increased by 52% to USD 2.5 billion.”
Verdict: FactCheck concludes that Tamaz Datunashvili’s statement is TRUE
27/06/2023TrueThe statement is accurate and nothing is missing -
Local Export Decreased by 22.9% in Five Months
In January-May 2023, export increased by 18.6% from USD 2.110 billion to 2.503 billion as compared to the same period of the previous year
26/06/2023FactCheck NewspaperFactCheck Newspaper -
After 13 months of Continuous Growth, Remittances from Russia Halved in May
In May 2023, remittances from Russia halved after 13 months of continuous growth as compared to the same period of the previous year and dropped from USD 314 million to USD 155 million
19/06/2023FactCheck NewspaperFactCheck Newspaper -
Roman Gotsiridze:
“Parliament did not confirm two members of the National Bank’s board nominated by the President (in 2019).”
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is TRUE
19/06/2023TrueThe statement is accurate and nothing is missing -
Irakli Gharibashvili:“In the last period, passenger flow at the airports has been increasing by 30% annually.”
Verdict: FactCheck concludes that Irakli Gharibashvili’s statement is MOSTLY TRUE
12/06/2023Mostly TrueThe application is accurate, but requires additional information and/or definition
Economy
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Volume of Foreign Direct Investment in A...
LieThe statement is inaccurate and the assertion in it is absurd -
“Trade turnover between Georgia and Arme...
Mostly TrueThe application is accurate, but requires additional information and/or definition -
“Annual trade turnover with the United S...
Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context
