-
Davit Bakradze:“In 2012, our GDP was USD 16 billion whilst today Georgia’s GDP is USD 15.8 billion. In eight years, our income growth was zero.”
Verdict: FactCheck concludes that Davit Bakradze’s statement is a MANIPULATION OF NUMBERS.
12/04/2021TrueThe statement is accurate and nothing is missing -
![“[According to current forecasts] Georgia is one of those countries in the region which will have the fastest economic recovery.”](https://factcheck.ge/storage/files/320x180/6357c0f0-3c2b-11ea-b5fb-555db3cbb4c8.jpg)
Natia Turnava:“[According to current forecasts] Georgia is one of those countries in the region which will have the fastest economic recovery.”
Verdict: FactCheck concludes that Natia Turnava’s statement is MOSTLY TRUE.
05/04/2021Mostly TrueThe application is accurate, but requires additional information and/or definition -
European Georgia:“The result of the Georgian Dream’s faulty economic policy: state foreign debt exceeded the allowed threshold and reached GEL 31.9 billion which constitutes 61.3% of the GDP.”
Verdict: FactCheck concludes that European Georgia’s statement is a LIE.
05/04/2021LieThe statement is inaccurate and the assertion in it is absurd -
Natia Turnava:“The EU is Georgia’s number-one trade partner and it accounts for nearly 23-24% of trade turnover.”
Verdict: FactCheck concludes that Natia Turnava’s statement is TRUE.
29/03/2021TrueThe statement is accurate and nothing is missing -
Analysis of Declining Foreign Direct Investment Dynamic
In accordance with the National Statistics Office of Georgia, foreign direct investments to Georgia in 2020 were USD 619.9 million which is the lowest figure since 2005.
24/03/2021FactCheck NewspaperFactCheck Newspaper -
Mamuka Mdinaradze:“Georgia has advanced in each and every aspect of economic freedom (Heritage Foundation) and it is placed in the group of mostly free economies.”
Verdict: FactCheck concludes that Mamuka Mdinaradze’s statement is MOSTLY FALSE.
22/03/2021Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
Roman Gotsiridze:“There was a time when the major part of remittances was coming from Russia. Later on, Russia was surpassed by the EU. This January, more money was transferred from Italy as compared to Russia.”
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is TRUE.
08/03/2021TrueThe statement is accurate and nothing is missing -
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 -
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 -
![“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 -
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 -
![Mikheil Saakashvili: “When I became president, the GDP per capita was USD 980 and when I finished my presidency, the GDP per capita was USD 4,000. Under Ivanishvili’s [Georgian Dream in power] rule, the economy increased by 0% in USD. We had a fourfold e](https://factcheck.ge/storage/files/320x180/a1a306f0-78b0-11ea-ab72-5bd5166b8ef6.jpg)
Mikheil Saakashvili:Mikheil Saakashvili: “When I became president, the GDP per capita was USD 980 and when I finished my presidency, the GDP per capita was USD 4,000. Under Ivanishvili’s [Georgian Dream in power] rule, the economy increased by 0% in USD. We had a fourfold e
Verdict: FactCheck concludes that Mikheil Saakashvili’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: “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 -
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
