Koba Gvenetadze: In 2004-2016 when the GEL exchange rate was stable, the annual inflation rate was 5.6% on average whilst in 2015-2019 when GEL was in depreciation, the inflation rate is less at 3.9%

Verdict: FactCheck concludes that Koba Gvenetadze’s statement is TRUE.

Koba Gvenetadze: In 2004-2016 when the GEL exchange rate was stable, the annual inflation rate was 5.6% on average whilst in 2015-2019 when GEL was in depreciation, the inflation rate is less at 3.9%

Verdict: FactCheck concludes that Koba Gvenetadze’s statement is TRUE.

Irakli Kobakhidze: “Over 250,000 jobs have been created which is indicated by the volume of bank deposits. Our citizens had GEL 4.4 billion in banks deposits in total and today they have GEL 9.5 billion.”

Verdict: FactCheck concludes that Irakli Kobakhidze’s statement is HALF TRUE.

Irakli Kobakhidze: “Over 250,000 jobs have been created which is indicated by the volume of bank deposits. Our citizens had GEL 4.4 billion in banks deposits in total and today they have GEL 9.5 billion.”

Verdict: FactCheck concludes that Irakli Kobakhidze’s statement is HALF TRUE.

Because of the new lending regulations, microloans up to GEL 5,000 dropped by 26% in February

Verdict: FactCheck concludes that Zurab Tchiaberashvili’s statement is TRUE.

In the secondary education completion exams, schoolchildren struggle the most to surpass the minimum competence level in foreign languages and mathematics

Fifty-two new enterprises acquired new equipment and were expanded whilst seven new enterprises were launched in the Samtskhe-Javakheti region

“Approximately one-fourth of customers in Chkhorotsku still do not have their individual meters installed. The metering process should have been completed by the spring of 2013.”

“The dynamics in Georgia has changed and child poverty has decreased.”

On 1 December 2014, a seminar organised by the World Bank and UNICEF was held in Tbilisi. The

“August 2011, unfortunately, saw the exact same number of murders (11) that we had in August 2014… In the past, these murders rarely received media coverage. Nowadays, almost all of the murder cases are covered by the media.”

“The profitability of the commercial banks is 14.5% annually. This means that their yearly profit is 14.5% of the total capital which is definitely not a ‘super-profit’ or a ‘mega-profit’ if such terms even exist.”