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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 -
Irakli Kobakhidze: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.
07/12/2020Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Natia Turnava:Natia Turnava: “According to International Monetary Fund’s projections, in the medium term Georgia will keep and enhance its status as a regional leader in terms of a high economic growth rate – in the upcoming years Georgia’s economic growth rate will b
Verdict: FactCheck concludes that Natia Turnava’s statement is MOSTLY TRUE.
23/11/2020Mostly TrueThe application is accurate, but requires additional information and/or definition -
Giorgi Vashadze:“As compared to even 2017, foreign direct investments in Georgia have decreased by USD 500 million.”
Verdict: FactCheck concludes that Giorgi Vashadze’s statement is TRUE.
02/11/2020TrueThe statement is accurate and nothing is missing -
Government Debt and Deficit Dynamic Amid the Pandemic
According to 2020’s current data, the total government debt constitutes nearly GEL 27.1 billion which amounts to 54.3% of the estimated GDP.
27/10/2020FactCheck NewspaperFactCheck Newspaper -
Giorgi Vashadze:
Giorgi Vashadze: Gakharia has more than half a million USD in savings, he does not trust GEL. Since the beginning of this year, the currencies of Armenia and Azerbaijan depreciated by 1% whilst GEL’s depreciation is 12%
Verdict: FactCheck concludes that Giorgi Vashadze’s statement is MOSTLY TRUE.
26/10/2020Mostly TrueThe application is accurate, but requires additional information and/or definition -
![GEL depreciated twofold in the last eight years due to a wrong economy [economic policy].](https://factcheck.ge/storage/files/320x180/7c2bdb40-0a17-11eb-bb92-47642d236e56.jpg)
Zurab Tchiaberashvili:GEL depreciated twofold in the last eight years due to a wrong economy [economic policy].
Verdict: FactCheck concludes that Zurab Tchiaberashvili’s statement is HALF TRUE.
12/10/2020Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
![The total [domestic] debt to gross national [domestic] product ratio is over 60%](https://factcheck.ge/storage/files/320x180/7771f7c0-06e6-11eb-bea0-79877484c1fd.jpg)
Mikheil Saakashvili:The total [domestic] debt to gross national [domestic] product ratio is over 60%
Verdict: FactCheck concludes that Mikheil Saakashvili’s statement is MOSTLY FALSE
05/10/2020Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
Natia Turnava:FDI from the UK have increased
Verdict: FactCheck leaves Natia Turnava’s statement WITHOUT A VERDICT.
28/09/2020Without verdictThe verification of the application can not be evaluated -
Natia Turnava:
Natia Turnava: S&P and Fitch left Georgia’s ratings unchanged which indicates that the Georgian economy augurs well for investors in light of the pandemic-induced global challenge.
Verdict: FactCheck concludes that Natia Turnava’s statement is MOSTLY FALSE.
07/09/2020Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
Ivane Machavariani: “Georgia’s budget transparency index is one of the highest.”
Verdict: FactCheck concludes that Ivane Machavariani’s statement is TRUE.
14/08/2020TrueThe statement is accurate and nothing is missing -
Giorgi Vashadze:Giorgi Vashadze: “In eight years food became 54% more expensive in the country.”
Verdict: FactCheck concludes that Giorgi Vashadze’s statement is MOSTLY TRUE.
10/08/2020Mostly TrueThe application is accurate, but requires additional information and/or definition -
Giorgi Vashadze:
Giorgi Vashadze: “After the Georgian Dream’s eight-year rule, GEL 1 value is now GEL 0.5.”
Verdict: FactCheck concludes that Giorgi Vashadze’s statement is MOSTLY FALSE.
04/08/2020Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
Roman Gotsiridze:“According to an authoritative credit rating agency, Georgia is ranked in the worst 63rd position based on economic risks under the pandemic”
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is TRUE
21/07/2020TrueThe statement is accurate and nothing is missing -
Natia Turnava:“In spite of the pandemic, foreign direct investments from the US in the first quarter of 2020 increased by 34% and with a 17% share, the US has become the second largest investor country in Georgia”
Verdict: FactCheck concludes that Natia Turnava’s statement is TRUE
29/06/2020TrueThe statement is accurate and nothing is missing
