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Otar Kakhidze:
The government failed to keep what they inherited: the economic growth rate, the GEL exchange rate and tariffs which they promised to halve
Verdict: FactCheck concludes that Otar Kakhidze’s statement is MOSTLY TRUE.
14/06/2019Mostly TrueThe application is accurate, but requires additional information and/or definition -
Ivane Machavariani:
The depreciation of the exchange rate is related to external factors and it is important to decrease dependence on USD in order to safeguard against the impact of such fluctuations
Verdict: FactCheck leaves Ivane Machavariani’s statement WITHOUT VERDICT.
27/05/2019Without verdictThe verification of the application can not be evaluated -
Giorgi Kvirikashvili:
As compared to the currencies of our trade partner countries, GEL depreciated the least against USD
11/01/2016Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
New Political Centre Girchi:
Georgia’s economic situation has worsened in the last three years
26/12/2015Mostly TrueThe application is accurate, but requires additional information and/or definition -
Giorgi Kadagidze:
International organisations are positively assessing the policies of the National Bank of Georgia
16/10/2015TrueThe statement is accurate and nothing is missing -
Tamaz Mechiauri:
If it were not for Giorgi Margvelashvili’s foolish decision, GEL would not be in such trouble today
06/10/2015FactCheck NewspaperFactCheck Newspaper -
Mikheil Dundua:
The depreciation of GEL is due to loans given to commercial banks by the National Bank of Georgia
28/09/2015FalseThe statement is inaccurate -
Giorgi Volski:
The National Bank of Georgia did not take the International Monetary Fund’s recommendations into account concerning the decrease in risks in the financial sector
26/09/2015FalseThe statement is inaccurate -
Ministry of Finance:
The influence of the budget upon the currency flows in 2015 is only positive. The influx of foreign currency into the budget is USD 81 million more than the outflow
23/09/2015Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Giorgi Kvirikashvili:
What we see now with respect to GEL is the result of agiotage
03/09/2015Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
Zurab Japaridze:
Every economic indicator has worsened this year.
31/07/2015Mostly TrueThe application is accurate, but requires additional information and/or definition -
Kakha Kaladze:
According to Kakha Kaladze, the increase in the prices of electricity was mainly due to the depreciation of GEL.
27/07/2015Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Roman Gotsiridze:
The government announced that the spending part of the budget would be decreased by GEL 140 million. In reality, however, the budget stayed exactly the same
20/07/2015TrueThe statement is accurate and nothing is missing -
Kakha Kaladze:
In every country, national banks worked to strengthen their currency… we must not be afraid of such actions either.
07/07/2015Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
Giorgi Kadagidze:
We brought the growth of the reserve money to zero… the reason for the depreciation of GEL is the decrease in the currency influx, nothing more.
09/07/2015Mostly TrueThe application is accurate, but requires additional information and/or definition