Economy

Levan Davitashvili:

“Oil and gas extraction has doubled in recent years.”

Verdict: FactCheck concludes that Levan Davitashvili’s statement is MOSTLY FALSE

16/10/2023

Mostly False

In the statement is the elements of the truth, but the important facts that could have made other impressions
In 2014, the share of Georgia’s export to the EU was 27% and it has currently dropped to 15%.

Verdict: FactCheck concludes that Salome Samadashvili’s statement is HALF TRUE

10/10/2023

Half True

The statement is partly accurate, but the details are missing or some of the issues are without context
Draft 2024 Budget – GEL 1.370 Billion Will be Spent on Defence, GEL 2.340 Billion on Education and GEL 3.90 billion on Pensions

The Ministry of Finance submitted the initial version of the 2024 state budget to the Parliament of Georgia

09/10/2023

FactCheck Newspaper

FactCheck Newspaper
Giorgi Kakauridze:

“The suspension of the IMF programme is related to the National Bank but not to the 19 September decree.”

Verdict: FactCheck concludes that Giorgi Kakauridze’s statement is TRUE

02/10/2023

True

The statement is accurate and nothing is missing
Romeo Mikautadze:

This year (2023) a record amount of electricity was exported and generated.”

Verdict: FactCheck concludes that Romeo Mikautadze’s statement is HALF TRUE

02/10/2023

Mostly True

The application is accurate, but requires additional information and/or definition
Change of Rhetoric Vis-à-vis Chinese Visitors and Possible Outcomes of a Relaxation of the Visa Regime

Chinese nationals have been allowed to make tourist visits to Georgia without a visa

27/09/2023

FactCheck Newspaper

FactCheck Newspaper
Irakli Gharibashvili:

“Since 2020, the government debt to the GDP ratio dropped from 60% to 38%.”

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

25/09/2023

Half True

The statement is partly accurate, but the details are missing or some of the issues are without context
Irakli Gharibashvili:

“Since 2012, the volume of deposits of [Georgian] citizens increased ten-fold, people are getting richer.”

Verdict: FactCheck concludes that Irakli Gharibashvili’s statement is MOSTLY FALSE

19/09/2023

Mostly False

In the statement is the elements of the truth, but the important facts that could have made other impressions
Giorgi Botkoveli:

“The price of the Georgian wheat this year (2023) is GEL 0.45 whilst it was GEL 1 three or four years ago and bread cost GEL 1-1.2 then and also today...

Verdict: FactCheck concludes that Giorgi Botkoveli’s statement is MOSTLY FALSE

18/09/2023

Mostly False

In the statement is the elements of the truth, but the important facts that could have made other impressions
Levan Khabeishvili:

Some 300,000 people have salaries under GEL 800

Verdict: FactCheck concludes that Levan Khabeishvili’s statement is HALF TRUE

12/09/2023

Mostly True

The application is accurate, but requires additional information and/or definition
Irakli Gharibashvili:

“We earned USD 4.5 billion in tourism revenues last year and we are expecting more this year.”

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

11/09/2023

Half True

The statement is partly accurate, but the details are missing or some of the issues are without context
Electricity Consumption of Big Companies Dropped by 28% in Six Months

Compared to the same period of the previous year, electricity consumption from January to June 2023 decreased by 10%, amounting to 6.575 billion kWh i...

30/08/2023

FactCheck Newspaper

FactCheck Newspaper
Artificially Strengthened Ruble Raises Concerns of Prolonged Recession in Russia

In August 2023, the RUB to USD exchange rate increased to RUB 102, but after Russia's Central Bank raised the key interest rate from 8.5% to 12%, the ...

29/08/2023

FactCheck Newspaper

FactCheck Newspaper
Possibility to Select Three Different Portfolios to Invest Pension Savings Before 6 September

It has been five years since the adoption of the Law on Cumulative Pensions where beneficiaries are allowed to distribute their savings in high-risk, ...

22/08/2023

FactCheck Newspaper

FactCheck Newspaper
Irakli Gharibashvili:

“Georgia has signed free trade agreements with the markets of 2.3 billion consumers.”

Verdict: FactCheck concludes that Irakli Gharibashvili’s statement is TRUE

21/08/2023

True

The statement is accurate and nothing is missing

Economy

“Oil and gas extraction has doubled in recent years.”

In 2014, the share of Georgia’s export to the EU was 27% and it has currently dropped to 15%.

Draft 2024 Budget – GEL 1.370 Billion Will be Spent on Defence, GEL 2.340 Billion on Education and GEL 3.90 billion on Pensions

“The suspension of the IMF programme is related to the National Bank but not to the 19 September decree.”

This year (2023) a record amount of electricity was exported and generated.”

Change of Rhetoric Vis-à-vis Chinese Visitors and Possible Outcomes of a Relaxation of the Visa Regime

“Since 2020, the government debt to the GDP ratio dropped from 60% to 38%.”

“Since 2012, the volume of deposits of [Georgian] citizens increased ten-fold, people are getting richer.”

“The price of the Georgian wheat this year (2023) is GEL 0.45 whilst it was GEL 1 three or four years ago and bread cost GEL 1-1.2 then and also today...

Some 300,000 people have salaries under GEL 800

“We earned USD 4.5 billion in tourism revenues last year and we are expecting more this year.”

Electricity Consumption of Big Companies Dropped by 28% in Six Months

Artificially Strengthened Ruble Raises Concerns of Prolonged Recession in Russia

Possibility to Select Three Different Portfolios to Invest Pension Savings Before 6 September

“Georgia has signed free trade agreements with the markets of 2.3 billion consumers.”

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