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Fitch Has Lowered Georgia’s Sovereign Rating Outlook from Positive to Stable
The credit rating agency Fitch has affirmed Georgia’s sovereign rating at the BB level but revised its outlook from positive to stable
01/07/2024FactCheck NewspaperFactCheck Newspaper -
Roman Gotsiridze:“Reinvestment constituted 90% of the total investment in 2023.”
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is MOSTLY TRUE
01/07/2024Mostly TrueThe application is accurate, but requires additional information and/or definition -
Excluding the pandemic period, investment decreased to a 14-year low
Foreign direct investment (FDI) in the first quarter of 2024 sharply decreased by 64% as compared to the same period of the previous year, amounting to USD 201 million
18/06/2024FactCheck NewspaperFactCheck Newspaper -
Government of Georgia:“Exports increased to a record high in 2023.”
Verdict: FactCheck concludes that the information provided in the government report is HALF TRUE
10/06/2024Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
The National Bank's Reserves Have Fallen Below the Adequacy Ratio
The National Bank's international reserves reached USD 5 billion by the end of 2023
03/06/2024FactCheck NewspaperFactCheck Newspaper -
Levan Davitashvili:“The economy has tripled under the Georgian Dream’s rule.”
Verdict: FactCheck concludes that Levan Davitashvili’s comment is HALF TRUE.
30/05/2024Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Paata Kvizhinadze:“Georgia has received practically zero financial aid from the United States of America.”
Verdict: FactCheck concludes that Paata Kvizhinadze’s statement is LIE
21/05/2024LieThe statement is inaccurate and the assertion in it is absurd -
Roman Gotsiridze:“The budget of the State Security Service has doubled, tripled even.”
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is HALF TRUE
14/05/2024Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Levan Davitashvili:“A total of 1.3 million visitors arrived in the country, surpassing the statistics from 2019. Importantly, over a million of the aforementioned figure were tourists.”
Verdict: FactCheck concludes that Levan Davitashvili’s statement is MOSTLY FALSE.
10/05/2024FalseThe statement is inaccurate -
Tegiz Sharmanashvili:“The Georgian army is receiving record funding.”
Verdict: FactCheck concludes that Tengiz Sharmanashvili’s statement is FALSE
08/05/2024LieThe statement is inaccurate and the assertion in it is absurd -
Local Export decreased by 21%
Local export, which excludes re-export, witnessed a substantial decrease of 21% to USD 606 million in the first quarter of 2024 as compared to the same period the previous year
29/04/2024FactCheck NewspaperFactCheck Newspaper -
Total Contribution of Foreign Grants and Loans to the State Budget Amounted to GEL 26 billion from 2013 to 2023
Foreign loans and grants constituted 16% of the total state budget revenues between 2013 and 2023
23/04/2024FactCheck NewspaperFactCheck Newspaper -
Levan Davitashvili:“The exports of electricity surpassed imports by nearly double in 2023.”
Verdict: FactCheck concludes that Levan Davitashvili’s statement is MOSTLY TRUE
20/04/2024Mostly TrueThe application is accurate, but requires additional information and/or definition -
Roman Gotsiridze:“Investments have declined by USD 500 million, marking one of the lowest figures in recent times.”
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is TRUE
19/04/2024TrueThe statement is accurate and nothing is missing -
Zurab Japaridze:“The twenty-two-percent growth of the USD-denominated economy was due to the exchange rate fluctuations resulting from the Russian migration.”
Verdict: FactCheck concludes that Zurab-Girchi Japaridze’s statement is MOSTLY TRUE
02/04/2024Mostly TrueThe application is accurate, but requires additional information and/or definition
