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Koba Gvenetadze:“The country took a huge debt but, on the other hand, this is not a number alone. Debt sustainability is more important as compared to the debt’s absolute number. According to the International Monetary Fund’s forecast, the debt level will decrease simult
Verdict: FactCheck concludes that Koba Gvenetadze’s statement is MOSTLY TRUE.
26/04/2021Mostly TrueThe application is accurate, but requires additional information and/or definition -
Koba Gvenetadze:“We had a current account deficit at a historic low in 2019 and we expect the worst in 2020. This very factor created pressure on exchange rate and it was transmitted to inflation”.
Verdict: FactCheck concludes that Koba Gvenetadze’s statement is TRUE.
08/02/2021TrueThe statement is accurate and nothing is missing -
Koba Gvenetadze:
“We had a current account deficit at a historic low in 2019 and we expect the worst in 2020. This very factor created pressure on exchange rate and it was transmitted to inflation”.
Verdict: FactCheck concludes that Koba Gvenetadze’s statement is TRUE.
08/02/2021TrueThe statement is accurate and nothing is missing -
Koba Gvenetadze: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.
21/12/2020TrueThe statement is accurate and nothing is missing -
Koba Gvenetadze:
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.
21/12/2020TrueThe statement is accurate and nothing is missing -
Koba Gvenetadze:
Exogenous factors affected inflation in 2017 … This year we are dealing with an issue similar to that of 2017 when inflation is kept higher as compared to the targeted level owing to increased prices on tobacco and oil
Verdict: FactCheck concludes that Koba Gvenetadze’s statement is MOSTLY TRUE.
25/06/2019Mostly TrueThe application is accurate, but requires additional information and/or definition -
Koba Gvenetadze:
In the third quarter of 2018, for the first time in the history of Georgia, current account balance is positive and reached 0.3% of the country’s GDP
Verdict: FactCheck concludes that Koba Gvenetadze’s statement is TRUE.
24/01/2019TrueThe statement is accurate and nothing is missing
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