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Ivane Machavariani:
“Export dependency was significantly reduced. The current account deficit, which has been a chronic ailment of our economy"
Verdict: FactCheck concludes that Ivane Machavariani’s statement is HALF TRUE
21/05/2020Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Ivane Machavariani:
“In 2012-2019, the economy was growing by 4.8% on average. In total, the economy increased perhaps by a third in real figures.”
Verdict: FactCheck concludes that Ivane Machavariani’s statement is MOSTLY TRUE
18/05/2020Mostly TrueThe application is accurate, but requires additional information and/or definition -
Koba Gvenetadze:
“There is no directly proportional relation between the exchange rate and prices. In 2014-2015, GEL depreciated by nearly 50% whilst inflation did not exceed 3%”
Verdict: FactCheck concludes that Koba Gvenetadze’s statement is MOSTLY TRUE
22/04/2020Mostly TrueThe application is accurate, but requires additional information and/or definition -
Is There a Sufficient Wheat Reserve in Georgia?
Russia has banned exports of wheat and kibbled grains due to the coronavirus pandemic
15/04/2020FactCheck NewspaperFactCheck Newspaper -
All About the GEL Exchange Rate – Where Lies a Solution?
The Impact of the Pandemic on the GEL Exchange Rate
10/04/2020FactCheck NewspaperFactCheck Newspaper -
Coronavirus Economic Policy in Georgia – Approaches of the Government and the Opposition
Any type of economic stimulus in these circumstances has to be taken with utmost caution, given the danger of inflation, on the one hand, and the danger of the inefficient spending of resources, on the other hand.
30/03/2020FactCheck NewspaperFactCheck Newspaper -
The Current Economic Crisis in the World has not Reached the Scale of the 2008-2009 Crisis – The Situation in Georgia
General Economic Aspect of the Pandemic
26/03/2020FactCheck NewspaperFactCheck Newspaper -
Koba Gvenetadze:
Koba Gvenetadze: “If in 2014 the share of remittances from Russia constituted 50% of the total remittances, this figure is halved today and amounts to 25%”
FactCheck concludes that Koba Gvenetadze’s statement is TRUE
24/03/2020TrueThe statement is accurate and nothing is missing -
Ivane Machavariani:
“As compared to 2016, we almost doubled the volume of state investments but we have not done it at the expense of the budget deficit’s growth. On the contrary, the budget deficit has a decrease trend. In 2019, we had a historic minimum [of deficit.]”
Verdict: FactCheck concludes that Ivane Machavariani’s statement is HALF TRUE
16/03/2020Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Levan Davitashvili:
The “cheap money” promise was delivered on in the field of agriculture
FactCheck concludes that Levan Davitashvili’s statement is HALF TRUE
02/03/2020Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Beka Liluashvili:
In accordance with the International Monetary Fund’s estimates, Georgia is the leader in the region in terms of the average economic growth rate in 2020-2024 and is ahead of many countries in that regard
Verdict: FactCheck concludes that Beka Liluashvili’s statement is TRUE
27/02/2020TrueThe statement is accurate and nothing is missing -
Giorgi Kandelaki:
Foreign direct investments are declining at a catastrophic rate, by 50-60% annually
Verdict: FactCheck concludes that Giorgi Kandelaki’s statement is HALF TRUE
26/02/2020Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Ivane Machavariani:
“For the last two years, Georgia’s economic growth exceeds 5% and this is the best performance in the region”
Verdict: FactCheck concludes that Ivane Machavariani’s statement is a LIE
12/02/2020LieThe statement is inaccurate and the assertion in it is absurd -
Natia Turnava:
“In 2019, export reached a record high for the previous decades – it exceeded USD 3,771.5 million. It is precisely export that is the driving force behind the economic growth”
Verdict: FactCheck concludes that Natia Turnava’s statement is MOSTLY TRUE
11/02/2020Mostly TrueThe application is accurate, but requires additional information and/or definition -
Mamuka Khazaradze:
“In the last seven years, debt increased 2.5 times and reached GEL 22.5 billion whilst seven years ago it was nearly GEL 9 billion”
Verdict: FactCheck concludes that Mamuka Khazaradze’s statement is HALF TRUE
05/02/2020Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context