World Bank raised growth forecast for Georgia, and the Prime Minister discussed economic trends.

The entities involved

• Georgia →

  country in the Caucasus region of Europe and Asia

  • Tamar Tkeshelashvili joins the Supervisory Board of the National Bank of Georgia, which continues to regulate the country's financial sector.11:44
  • Azerbaijan aims to become an energy hub for Central Asia, utilizing Georgia and the Caspian Sea for electricity transit to Europe.11:37
• Irakli Kobakhidze →

  Prime Minister of Georgia since 2024

  • Protests in Georgia saw demonstrators display US and EU flags, alongside announcements regarding EU integration and internal investigations.Tue 15:59
  • Georgia is tying its diplomatic relations to Russia's stance, with Irakli Kobakhidze speaking on behalf of the government.Tue 15:45
• World Bank →

  international financial institution

  • Joint annual meetings of global financial institutions, including the IMF and World Bank, are being held in Bangkok.10:54
  • Lesotho's government forms a new coalition, while the World Bank provides economic data and the US extends duty-free access to garment factories.09:59

Related events

• World Bank data sets are being used as benchmarks for various forms of economic growth.Aug 25
• The World Bank projects a 7.4 percent GDP growth for the region, which is expected to be the highest growth rate in East Asia.Tue 14:39
• The World Bank provided an economic outlook for Azerbaijan, with Wael Mansour serving as the Lead Economist for the South Caucasus.Jul 9
• The global economy is expected to grow by only 2.7%, according to the latest forecast.Jul 6
• The Inter-American Development Bank, World Bank, and IMF released economic projections and reviewed financial stability programs for Barbados.Sep 7