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Davit Bakradze:“The Georgian Dream inherited USD at 1.6 and it is now up at 3.4.”
Verdict: FactCheck concludes that Davit Bakradze’s statement is MOSTLY TRUE.
19/04/2021Mostly TrueThe application is accurate, but requires additional information and/or definition -
![“The country’s [external] debt exceeded 100% of the GDP and reaches 120-125 whilst four years ago it was 80% of the GDP.”](https://factcheck.ge/storage/files/320x180/dfa12480-c1c3-11ea-a80c-83fa08fc2841.jpg)
Roman Gotsiridze:“The country’s [external] debt exceeded 100% of the GDP and reaches 120-125 whilst four years ago it was 80% of the GDP.”
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is MOSTLY TRUE.
12/04/2021Mostly TrueThe application is accurate, but requires additional information and/or definition -
Davit Bakradze:
“In 2012, our GDP was USD 16 billion whilst today Georgia’s GDP is USD 15.8 billion. In eight years, our income growth was zero.”
Verdict: FactCheck concludes that Davit Bakradze’s statement is a MANIPULATION OF NUMBERS.
12/04/2021TrueThe statement is accurate and nothing is missing -
![“[According to current forecasts] Georgia is one of those countries in the region which will have the fastest economic recovery.”](https://factcheck.ge/storage/files/320x180/6357c0f0-3c2b-11ea-b5fb-555db3cbb4c8.jpg)
Natia Turnava:“[According to current forecasts] Georgia is one of those countries in the region which will have the fastest economic recovery.”
Verdict: FactCheck concludes that Natia Turnava’s statement is MOSTLY TRUE.
05/04/2021Mostly TrueThe application is accurate, but requires additional information and/or definition -
Gigla Mikautadze:“Investments are at 15-year low and such a drop in investments did not even happen in the war period.”
Verdict: FactCheck concludes that Gigla Mikautadze’s statement is MOSTLY TRUE.
29/03/2021Mostly TrueThe application is accurate, but requires additional information and/or definition -
Gigla Mikautadze:
“Investments are at 15-year low and such a drop in investments did not even happen in the war period.”
Verdict: FactCheck concludes that Gigla Mikautadze’s statement is MOSTLY TRUE.
29/03/2021Mostly TrueThe application is accurate, but requires additional information and/or definition -
Natia Turnava:“The EU is Georgia’s number-one trade partner and it accounts for nearly 23-24% of trade turnover.”
Verdict: FactCheck concludes that Natia Turnava’s statement is TRUE.
29/03/2021TrueThe statement is accurate and nothing is missing -
Natia Turnava:
“The EU is Georgia’s number-one trade partner and it accounts for nearly 23-24% of trade turnover.”
Verdict: FactCheck concludes that Natia Turnava’s statement is TRUE.
29/03/2021TrueThe statement is accurate and nothing is missing -
Analysis of Declining Foreign Direct Investment Dynamic
In accordance with the National Statistics Office of Georgia, foreign direct investments to Georgia in 2020 were USD 619.9 million which is the lowest figure since 2005.
24/03/2021FactCheck NewspaperFactCheck Newspaper -
Analysis of Declining Foreign Direct Investment Dynamic
In accordance with the National Statistics Office of Georgia, foreign direct investments to Georgia in 2020 were USD 619.9 million which is the lowest figure since 2005.
24/03/2021FactCheck NewspaperFactCheck Newspaper -
Economic Downturn in Light of the Pandemic and the Post-Election Crisis
Georgia’s economy contracted by annual 6.1% in 2020.
20/03/2021FactCheck NewspaperFactCheck Newspaper -
Economic Downturn in Light of the Pandemic and the Post-Election Crisis
Georgia’s economy contracted by annual 6.1% in 2020.
20/03/2021FactCheck NewspaperFactCheck Newspaper -
Roman Gotsiridze:“There was a time when the major part of remittances was coming from Russia. Later on, Russia was surpassed by the EU. This January, more money was transferred from Italy as compared to Russia.”
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is TRUE.
08/03/2021TrueThe statement is accurate and nothing is missing -
Roman Gotsiridze:
“There was a time when the major part of remittances was coming from Russia. Later on, Russia was surpassed by the EU. This January, more money was transferred from Italy as compared to Russia.”
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is TRUE.
08/03/2021TrueThe statement is accurate and nothing is missing -
Irakli Kovzanadze:“Under high dollarisation and import-dependency, the deficit growth leads to higher macroeconomic risks. The loan attraction increased and currently we have a 60.1% debt to GDP ratio with a large portion of foreign loans. When most of the foreign debt is
Verdict: FactCheck concludes that Irakli Kovzanadze’s statement is TRUE.
22/02/2021TrueThe statement is accurate and nothing is missing
