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The lari (Georgian: ლარი, pronounced; ISO 4217: GEL) is the currency of Georgia.It is divided into 100 tetri (თეთრი).The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning 'white') used in ancient Colchis from the 6th century BC.
The Government of Georgia consists of a prime minister and ministers. The prime minister is the head of the government. In addition to ministers—who are in charge of ministries and manage a specific sector of public administration—one or several state ministers can be introduced in the government to oversee the government's tasks of particular importance. [2]
In 2013, the annual inflation rate in Georgia equaled 2.4%. [36] It has been decreased significantly after 11.2% in 2010. [ 37 ] Growth of inflation rate was the result of increasing food prices in the world and essential share of the inflation fluctuations came on variability of food prices, as far as the share of food is relatively high in ...
Georgia Power has viable plans for future involving less fossils fuels and more renewables. But it'll cost ratepayers plenty. Georgia Power wants a rate increase.
The State Chancellery was built in 1981. The building initially served as the headquarters of the Central Committee of the Georgian Communist Party, however after Georgia declared its independence from the Soviet Union, it was authorised as the official residence of the President of Georgia.
The Georgian government did not immediately comment on Blinken's announcement on Wednesday. The European Union has also frozen some 30 million euros ($32 million) in military aid to Georgia.
There are 6 flat tax rates in Georgia: corporate profit tax, value added tax, excise tax, personal income tax, import tax and property tax. [1] Personal income tax in Georgia are collected at a flat rate of 20% on local-source income. Foreign-source personal income is tax-exempt. [2]
The federal government is making its first loan to a crystalline silicon solar plant, loaning $1.45 billion to support a South Korean company's bid to build up key parts of the solar supply chain ...