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In the first nine months of 2021, the budget of labour remuneration for contract workers increased by 22% as compared to the same period of the previous year
According to the decision of the Government of Georgia, the official salaries for people employed in the public sector will increase by 10% from 1 January 2022 and GEL 117 million will be spent from the budget to this end
22/11/2021FactCheck NewspaperFactCheck Newspaper -
Pension Fund Savings Shrink Because of Inflation
The pension fund reform in Georgia has taken effect since 1 January 2019
22/11/2021FactCheck NewspaperFactCheck Newspaper -
Natia Turnava:
“There is a high economic growth in Georgia in 2021 which is a result of the government’s right and balanced economic policy.”
Verdict: FactCheck concludes that Natia Turnava’s statement is MOSTLY FALSE.
15/11/2021Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
Natia Turnava:
“The positive dynamic of economic growth will continue in the coming years and with this indicator the country will be the leader, both in the region and among European countries.”
Verdict: FactCheck concludes that Natia Turnava’s statement is HALF TRUE.
09/11/2021Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Zurab Japaridze:
“Under this government, the debt passed the critical 60% threshold and is over 65%.”
Verdict: FactCheck concludes that Zurab Girchi Japaridze’s statement is HALF TRUE
09/11/2021Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Sozar Subari:
“Most of the villages and many big cities are left without a centralised water supply and sewerage.”
Verdict: FactCheck concludes that Sozar Subari’s statement is TRUE.
01/11/2021TrueThe statement is accurate and nothing is missing -
Inflation Dynamic Vis-à-vis Specific Groups of Goods
The current high inflation rate problem is very problematic for the population, particularly amid the pandemic which is associated with economic restrictions
26/10/2021FactCheck NewspaperFactCheck Newspaper -
Giorgi Kakauridze:
“Current expenditures are returning to the pre-pandemic 22%. We have not cut capital expenses – they were within the margin of 8% before the pandemic, 9% in 2020, 8.2% in 2021 and they are quite high for the next year at 8.5%.”
Verdict: FactCheck concludes that Giorgi Kakauridze’s statement is FALSE
26/10/2021FalseThe statement is inaccurate -
Current Account Dynamic in the First Half of 2021
A current account is a constituent part of the balance of payments. The latter is a statistical account which includes economic relations and transactions made between a specific country and the rest of the world
18/10/2021FactCheck NewspaperFactCheck Newspaper -
Georgia’s Economic Growth Prospects According to the International Monetary Fund
According to the economic growth rate forecast for 2021, Georgia is the 18th position of the 195 countries ranked in the World Bank’s list. It is in the 69th position in terms of economic recovery as compared to 2019. However, on the other hand, Georgia i
18/10/2021FactCheck NewspaperFactCheck Newspaper -
Gennady Arveladze:
“As a result of the government’s anti-crisis decisions, the economy grew by 12.7% in January-July. Leading financial organisations increased the forecasted figures of Georgia’s economic growth. The International Monetary Fund named Georgia as a country wh
Verdict: FactCheck concludes that Genadi Arveladze’s statement is HALF TRUE
12/10/2021Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Ana Bibilashvili:
“Investments in Tbilisi decreased fivefold in the last four years.”
Verdict: FactCheck concludes that Ana Bibilashvili’s statement is Half True.
12/10/2021Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Natia Turnava:
“Economic growth figures allow us to say that not only will last year’s setback be completely annulled, but we are returning to a positive trajectory.”
Verdict: FactCheck concludes that Natia Turnava’s statement is HALF TRUE.
05/10/2021Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Why the Income Dynamic Should Not Be Calculated in USD
The GEL exchange rate decrease (depreciation) vis-à-vis USD and EUR has been one of the most problematic issues of the past years
05/10/2021FactCheck NewspaperFactCheck Newspaper -
Natia Turnava:
“Advancement to the 5th position in the Economic Freedom of the World ranking means that the degree of economic freedom in Georgia is quite high.”
Verdict: Natia Turnava’s statement is a MANIPULATION.
30/09/2021Manipulationგანცხადებაში გაჟღერებული ფაქტები/რიცხვები მეტ-ნაკლებად სწორია, თუმცა სრული კონტექსტი განზრახ არის დამახინჯებული-en
Economy
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“Recent economic growth constitutes 9.7%...
Mostly TrueThe application is accurate, but requires additional information and/or definition -
“Georgia is becoming increasingly attrac...
FalseThe statement is inaccurate -
“The economy grew by 9.5% with export an...
Mostly TrueThe application is accurate, but requires additional information and/or definition