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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 -
![“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.]”](https://factcheck.ge/storage/files/320x180/696df440-40b5-11e9-a3bf-8938dc76beb2.jpg)
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 -
Giorgi Gakharia:“Today we have the highest growing economy in the region, we have the fastest economic growth”
Verdict: FactCheck concludes that Giorgi Gakharia’s statement is a LIE
04/02/2020LieThe statement is inaccurate and the assertion in it is absurd -
Maia Tskitishvili:“We are number third in the world in terms of lightness of tax burden”
Verdict: FactCheck concludes that Maia Tskitishvili’s statement is MOSTLY TRUE.
28/01/2020Mostly TrueThe application is accurate, but requires additional information and/or definition -
![“This is the first time when Armenia’s gross national product [GDP] has surpassed Georgia’s national product [GNP]“](https://factcheck.ge/storage/files/320x180/56544b60-41ac-11ea-a9c8-91ae1d2989d4.png)
Mikheil Saakashvili:“This is the first time when Armenia’s gross national product [GDP] has surpassed Georgia’s national product [GNP]“
Verdict: FactCheck concludes that Mikheil Saakashvili’s statement is a LIE.
28/01/2020LieThe statement is inaccurate and the assertion in it is absurd -
Natia Turnava:
“We [Georgia] are and we will be the leaders in the region in terms of GDP per capita”
Verdict: FactCheck concludes that Natia Turnava’s statement is a LIE.
21/01/2020LieThe statement is inaccurate and the assertion in it is absurd -
Giorgi Gakharia:
“The number of tourists has exceeded nine million”
Verdict: FactCheck concludes that Giorgi Gakharia’s statement is HALF TRUE
21/01/2020Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context
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
