In 2025, the adjusted hourly gender pay gap was 20.1% in the industrial sector and 10.9% in the service sector.Broken down by occupation/position, the adjusted hourly gender pay gap was highest among "plant and machine operators and assemblers," reaching 30.2%, followed by "technicians and associate professionals" (23.5%).
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The new projects that will continue to make a real difference in the lives of families and communities across Georgia: Economic opportunities in small cities and towns Skills for a changing labour market Socio-economic development in rural areas, especially driven by women Better access to markets and better food quality Actions to combat violence towards women and girls Safe and orderly migration Climate adaptation and disaster preparedness Continued support for communities in Abkhazia
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The meeting, held in Yerevan on the sidelines of the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17), touched upon bilateral relations between the two countries. The parties highlighted positive cooperation in tourism.According to the Government Administration of Georgia, the meeting also focused on the regional security situation. The Georgian Prime Minister reiterated the vital importance of dialogue and diplomatic engagement in achieving de-escalation and ensuring lasting peace.
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According to the Ministry of Finance, as part of the “Small Talk” symposium organised by Bank of America (BofA), the minister presented an overview of Georgia’s macroeconomic and fiscal indicators as well as medium-term plans to interested investment banks and asset managers.“Discussions focused on Georgia’s current macroeconomic and fiscal metrics, medium-term forecasts, conditions across international and emerging financial markets, and the domestic investment climate.Bilateral meetings were also held with senior executives from ICBC and Nomura, focusing on opportunities to place Georgian securities across international capital markets, including the Asian market.The inclusion of lari-denominated Georgian government bonds in J.P. Morgan’s new GBI-EM Edge index in September this year will further boost investor interest.The discussions also touched on Georgia’s initiatives across domestic and international capital markets to diversify funding sources and expand its investor base.Deputy Minister of Finance Ekaterine Guntsadze also attended the meetings on behalf of the Ministry,” the ministry stated.
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The discussion takes place as part of the IMF–World Bank Annual Meetings and provides a platform for sharing successful economic policy experiences. Each year, selected representatives from five regions of the world take part in the initiative, with sessions moderated by the directors of the IMF’s regional departments. This year, in addition to Georgia, Governor Talks sessions were held with the governors of the central banks of four other countries: France, South Korea, Venezuela, and Rwanda.The session featuring the NBG Governor, titled “Governor Talks: Central Banking in a Changing World: Perspectives from the National Bank of Georgia,” was moderated by Jihad Azour, Director of the IMF’s Middle East and Central Asia Department.One of the key topics discussed was how central banks manage monetary policy and keep inflation expectations anchored amid successive, persistent shocks that have had a significant inflationary impact on most countries.According to Natia Turnava, maintaining credibility is the main challenge in such circumstances. Anchoring inflation expectations in such an uncertain environment therefore requires highly credible and clear policy actions.“In this regard, Georgia has indeed achieved quite positive results. We have managed to keep inflation expectations anchored throughout this period, despite all external challenges, and have strengthened our resilience. Over the past three to four years, we have kept inflation below the target in 2023-2025, average headline inflation stood at 2.5%, below our target of 3%. Even now, as we face the impact of an external energy shock, the conflict in the Middle East, and the associated rise in fuel prices which is transmitted immediately to our economy because Georgia is an energy-importing country-headline inflation has exceeded the target, reaching 5.6%. However, key informative indicators, such as core inflation and services inflation, remain close to the target, at 3.5% and 3.7%, respectively, indicating that inflation expectations remain firmly anchored,” Natia Turnava noted.The NBG Governor also highlighted that Georgia has maintained strong economic growth alongside low inflation, describing this as a particularly favorable and distinctive combination.According to Natia Turnava, economic growth has been driven primarily by highly productive industries that do not generate inflationary pressures through domestic demand.“This allows us to take a more proactive approach. That is why we have adopted a pre-emptive, cautious, and vigilant stance. This was also the case during the COVID-19 pandemic, when the National Bank of Georgia was among the first to respond swiftly by tightening monetary policy. Later, we were again among the first to begin easing policy as the shocks started to subside. Even during a period of low inflation, we chose to maintain the policy rate above its neutral level because of the escalation of new geopolitical conflicts in our region. When the conflict in the Middle East began, we were well prepared, but we once again took a pre-emptive approach. In May 2026, we raised the policy rate by 0.25 percentage points, sending a strong signal to financial markets,” Natia Turnava added.As she further explained, the aim of these decisions was to keep inflation expectations stable and prevent second-round effects to the greatest extent possible.“The effectiveness of this approach is confirmed by indicators of sticky-price inflation, which remain close to the target,” the NBG Governor stated.During the session, Natia Turnava also highlighted the importance of central bank independence and a robust governance framework. In her assessment, institutional independence is not limited to legislative guarantees; above all, it means making timely and credible decisions within the central bank’s mandate and ensuring that its primary objectives are achieved.The NBG Governor also emphasized the importance of cooperation with the International Monetary Fund. She noted that this cooperation had helped identify opportunities to further strengthen the governance framework and had led to significant steps toward institutional development.De-dollarization was another key topic of the discussion. According to Natia Turnava, maintaining macroeconomic stability and strengthening confidence in the national currency are crucial to achieving sustainable progress in de-dollarization. As a result of the NBG’s consistent policies and the accompanying macroeconomic stability, the dollarization of deposits and loans has declined by approximately 25–30 percentage points over the past ten years.At the conclusion of the session, Jihad Azour, Director of the IMF’s Middle East and Central Asia Department, congratulated the NBG Governor and her team on the results achieved in recent years.“I would like to congratulate you and your team on maintaining macroeconomic stability while navigating one of the most challenging environments of the past few years,” Jihad Azour noted.He emphasized that the NBG’s efforts to build up economic buffers were an important prerequisite for resilience to external shocks. He also highlighted Georgia’s progress in modernizing its financial sector, developing financial technologies, and introducing financial innovations.Jihad Azour spoke positively about the performance of the Georgian economy, noting that its results had exceeded all projections. He also praised the NBG’s capacity to manage various shocks and commended the decisions taken in the area of monetary policy.
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The largest share, $63.4 million, came from the USA (down from $64.1 million last month).Among EU countries, Italy leads, with $54 million received from there (compared to $55.2 million in August 2026).74.5% of total remittances from abroad to Georgia originated from the six largest source countries—each accounting for more than $11 million in September. Russia is no longer among these, with $7.86 million received from there during the reporting month.
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