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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 Abesadze:Irakli Abesadze: “Beneficiaries are still being fed for GEL 1.3 at soup kitchens.”
Verdict: FactCheck concludes that Irakli Abesadze’s statement is TRUE.
14/12/2020TrueThe statement is accurate and nothing is missing -
Badri Japaridze:Badri Japaridze: “Before the pandemic, Georgia was the least growing economy of the region, foreign investments were reduced to a minimum.”
Verdict: FactCheck concludes that Badri Japaridze’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 -
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: “The loan interest subsidy programme for small and family hotels is being successfully carried out and nearly 2,000 hotels have already used this opportunity.”
Verdict: FactCheck concludes that Natia Turnava’s statements is TRUE.
23/11/2020TrueThe statement is accurate and nothing is missing -
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 -
Bidzina Ivanishvili:In basically every agricultural field, output has increased threefold and more than threefold
Verdict: Bidzina Ivanishvili’s statement is FALSE.
07/10/2020FalseThe statement is inaccurate -
Giga Bokeria:The number of employed individuals dropped by 45,000 in 2016-2019 and by 33,000 in the second quarter of 2020. The economy contracted by 12% in the second quarters
Verdict: FactCheck concludes that Giga Bokeria’s statement is MOSTLY TRUE.
06/10/2020TrueThe statement is accurate and nothing is missing -
![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 -
Giorgi Khanishvili:Giorgi Khanishvili: “Of the GEL 10 million allocated to insure the price growth on nine basic food products, GEL 4.5 million was spent on the stability of the price of wheat and GEL 1,150,000 for the rest of the products, although the programme’s functio
Verdict: FactCheck concludes that Giorgi Khanishvili’s statement is FALSE.
22/09/2020FalseThe statement is inaccurate
