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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 -
Natia Turnava:“Fitch’s assessment left Georgia’s credit rating unchanged against the backdrop of many countries in the post-Soviet space, Eastern Europe and our region which had their ratings downgraded.”
Verdict: FactCheck concludes that Natia Turnava’s statement is HALF TRUE.
22/02/2021Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Natia Turnava:
“According to preliminary forecasts, the economy decreased by 6%. This is a rather gloomy indicator, of course, although this is a part of the world trend.”
Verdict: FactCheck concludes that Natia Turnava’s statement is HALF TRUE.
08/02/2021Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
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 -
Bidzina Ivanishvili:“We have a lack of professionals in every field. We are poor and ten-times behind Europe. Even if we grow the economy by 5% or 10%, look at how much time that will take.”
Verdict: FactCheck concludes that Bidzina Ivanishvili’s statement is MOSTLY TRUE.
01/02/2021Mostly TrueThe application is accurate, but requires additional information and/or definition -
![“Eighty percent of the debt is denominated in foreign currency which makes the [legally allowed limit of a] 60% threshold even more vulnerable.”](https://factcheck.ge/storage/files/320x180/696df440-40b5-11e9-a3bf-8938dc76beb2.jpg)
Ivane Machavariani:“Eighty percent of the debt is denominated in foreign currency which makes the [legally allowed limit of a] 60% threshold even more vulnerable.”
Verdict: FactCheck concludes that Ivane Machavariani’s statement is TRUE.
25/01/2021TrueThe statement is accurate and nothing is missing -
Roman Gotsiridze:“Foreign remittances in 2020 increased by 9% as compared to the previous year and reached a record high of USD 1.88 billion. This is precisely as much as the foreign direct investments in the same period. This is the country’s gross domestic product for a
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is TRUE.
25/01/2021TrueThe statement is accurate and nothing is missing -
Overview of the Tourism Industry 2020
It is important to consider the tourism industry’s development trend, particularly in the last decade.
22/01/2021FactCheck NewspaperFactCheck Newspaper -
Bidzina Ivanishvili:Bidzina Ivanishvili: “Georgia is one step away from receiving the highest credit rating and only two steps away from receiving an investment rating.”
Verdict: FactCheck concludes that Bidzina Ivanishvili’s statement is MOSTLY TRUE.
18/01/2021Mostly TrueThe application is accurate, but requires additional information and/or definition -
Ivane Machavariani:Ivane Machavariani: “Our economy demonstrated high-level qualitative progress, including important parameters such as the trade balance and the current account deficit which decreased more than twofold.”
Verdict: FactCheck concludes that Ivane Machavariani’s statement is HALF TRUE.
18/01/2021Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Bidzina Ivanishvili:
Bidzina Ivanishvili: “According to the International Monetary Fund's assessment, Georgia's GDP per capita in terms of purchasing power parity has increased by 60% as compared to 2012 and exceeds 15,000 international dollars in current prices.”
Verdict: FactCheck concludes that Bidzina Ivanishvili’s statement is a MANIPULATION OF FACTS.
12/01/2021Manipulationგანცხადებაში გაჟღერებული ფაქტები/რიცხვები მეტ-ნაკლებად სწორია, თუმცა სრული კონტექსტი განზრახ არის დამახინჯებული-en -
Bidzina Ivanishvili:Bidzina Ivanishvili: “We gave rise to progress and reduced poverty.”
Verdict: FactCheck concludes that Bidzina Ivanishvili’s statement is a MANIPULATION OF FACTS.
11/01/2021Manipulationგანცხადებაში გაჟღერებული ფაქტები/რიცხვები მეტ-ნაკლებად სწორია, თუმცა სრული კონტექსტი განზრახ არის დამახინჯებული-en -
Batumi Social Service Agency Procured over GEL 2 Million in Food Products in 2020 Without a Tender
As FactCheck found out, Batumi Social Service Agency procured different types of food products for beneficiaries during the course of 2020 with a total value of GEL 2,171,500 using a simplified procurement rule.
11/01/2021FactCheck NewspaperFactCheck Newspaper -
Ivane Machavariani:
Ivane Machavariani: In the last period, Georgia’s economy was growing by 5% which was a good figure, particularly in light of the close to 1% economic growth rate of our trade partners
Verdict: FactCheck concludes that Ivane Machavariani’s statement is MOSTLY FALSE.
28/12/2020Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
Natia Turnava:Natia Turnava: Georgia took the leading eighth position in the OECD survey as one of the most open economies in terms of attracting foreign investments. Based on the FDI to the GDP ratio, Georgia is one of the most successful countries globally
Verdict: FactCheck concludes that Natia Turnava’s statement is a MANIPULATION OF FACTS.
28/12/2020Manipulationგანცხადებაში გაჟღერებული ფაქტები/რიცხვები მეტ-ნაკლებად სწორია, თუმცა სრული კონტექსტი განზრახ არის დამახინჯებული-en
