GDP expands by 6% in October 2025

According to Ilhom Mahkamov, the Trans-Caspian Transport Corridor and Connectivity Investment Forum and the meeting of transport ministers of the European Union, Central Asia, the South Caucasus and the Black Sea region held within its framework are important for the countries, including Georgia and Uzbekistan, in terms of deepening trade and economic ties.The Minister emphasized the importance of Georgia as a maritime country in terms of connectivity between Central Asia and the European Union. According to him, close and effective communication between Uzbekistan and Georgia is very important in terms of creating new transport corridors, diversified routes and developing existing ones.The Minister of Transport of Uzbekistan also spoke about the prospects for cooperation between Georgia and Uzbekistan in the tourism sector, which is characterized by growing dynamics, as well as the existing air traffic between the two countries. In addition, he said that it is important that direct flights are being operated between Tbilisi and Tashkent. According to Ilhom Mahkamov, all this contributes to the deepening of economic ties between the two countries.A forum was held in Tashkent within the framework of the “Global Gateway” initiative.Georgia is also participating in the forum. The delegation includes: Minister of Economy Mariam Kvrivishvili and her deputies; Tamar Ioseliani and Genadi Arveladze.The goal of the forum is to strengthen the EU's cooperation with partner countries along the Trans-Caspian Transport Corridor to facilitate transport links between Europe and Asia.

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That Freedom Bank was planning to enter the Georgian market, FORBES Kazakhstan wrote about it in September. By that time, the authorized capital of the future financial institution had already been determined - $1.8 million, which would be nominated by 5 million ordinary shares with a value of 1 GEL each. The charter and business plan, which include the organizational structure of the future bank and candidates for leadership positions, were also approved.Freedom Bank Kazakhstan ranks tenth among the 23 banks operating in the country in terms of assets – 2.4 trillion tenge (USD 4.6 billion).Timur Turlov is the founder of Freedom Holding Corp. According to the latest data, the businessman owns about 70% of the holding's shares. Turlov ranks second in the latest Forbes Kazakhstan ranking of the richest Kazakhs. He is also fourth in the ranking of the most influential businessmen. As of May 2025, his fortune was estimated at USD 5.8 billion.

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During this period, the average monthly number of visitors declined by 5.7 per cent, and the total number of visits was 0.9 per cent lower than in the same period of the previous year.Data from GeoStat indicates that the average monthly number of tourist visits by Georgian residents was 799,900 in the third quarter of this year, a decrease of 6.9% compared to the same period last year.The majority of visitors, 36.3%, belonged to the 31-50 age group, while women accounted for 57.8% of all visitors.Furthermore, according to the agency’s survey, 38.7% of visitors are residents of Tbilisi, followed by 15.4% from Imereti, Racha-Lechkhumi, and Kvemo Svaneti regions, 9.6% from the Adjara Autonomous Region, with the remaining regions contributing smaller shares.In the third quarter of 2025, nearly half of all visits, 49.3 per cent, were made for the purpose of visiting friends and relatives.During this period, the Imereti region received the highest number of visits, averaging 352,300 per month, followed closely by Tbilisi, with an average of 307,000 visits per month.The total expenditure on visits during the third quarter amounted to GEL 399.5 million, representing a 2.8% decrease compared to the same period in 2024. Additionally, the average expenditure per visit fell by 1.9%, reaching GEL 229.1.

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The biggest month-over-month increase was observed in finance and statistics category (+29.4%), while the smallest increase was in IT and programming category (+11.9%). The largest year-overyear increase was observed in IT and programming category (+50%), while the biggest decrease was in logistics and distribution category (-3.9%).From July 2025 to September 2025, the total number of vacancies published on jobs.ge amounted to 24,199, which was 0.7% lower compared to the same period of 2024. Logistics and distribution (-4.5%) and administration and management categories (-4.4%) saw the largest decrease.From July 2025 to September 2025, a total of 973 vacancies were published in the field of IT and Programming, which was 33.5% higher compared to the corresponding period of 2024.From July 2025 to September 2025, a total of 4,789 vacancies were published in the field of finance and statistics, which was 11% higher compared to the corresponding period of 2024.From July 2025 to September 2025, a total of 6,404 vacancies were published in sales and procurement, which was 9.5% higher compared to the corresponding period of 2024.

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In September 2025, the share of persons receiving a monthly salary up to 600 GEL amounted to 12.5%, which was 1.0 percentage points lower than in August 2025 and 3.0 percentage points lower than in September 2024.In September 2025, the share of persons receiving a monthly salary of 2,400 GEL or more amounted to 33.6%, which was 0.5 percentage points higher than in August 2025 and 5.6 percentage points higher than in September 2024.In September 2025, the share of persons receiving a monthly salary of 9,600 GEL or more amounted to 3.0%, which was 0.1 percentage points lower than in August 2025 and 0.7 percentage points higher than in September 2024.

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The information released by TI states that “in September, the party received donations from those whose companies received GEL 204 million in direct purchases from the state, GEL 16 million in agricultural subsidies, 1.4 million sq m of construction permits, and 17 mineral licenses.”“In addition to winning tenders worth GEL  2.5 billion since 2015, companies affiliated with donors have received a number of other benefits from the state - direct purchases, agricultural subsidies, construction permits and mineral licenses.For more information about donations, as well as information about the donors' business interests and their participation in state procurement, visit the website: www.politicaldonations.ge,” the organization says in a statement.

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The Ministry of Economy notes that the forum aims to strengthen the EU’s cooperation with partner countries along the Trans-Caspian Transport Corridor to facilitate transport links between Europe and Asia.The forum was opened by Uzbek Deputy Prime Minister Jamshid Khojayev and Transport Minister Ilhom Mahkamov, as well as European Commissioner for International Partnerships Jozef Síkela and European Commissioner for Enlargement Marta Kos.As part of the event, a panel discussion is planned, where Mariam Kvrivishvili will present the vision and plans of the Georgian government on how the country can contribute to the development of the Trans-Caspian Transport Corridor and the establishment of close transport links between our region and the European Union.Mariam Kvrivishvili will also participate in the meeting of transport ministers of the European Union, Central Asia, the South Caucasus and the Black Sea region, planned within the framework of the forum.The Georgian delegation is also represented by Deputy Ministers Tamar Ioseliani and Genadi Arveladze.

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In October last year, it was 21%. According to them, the average price of an apartment for sale in Tbilisi in October increased by 4% year-on-year to $1,347.In October 2025, the largest share of apartments sold fell into the small category with an area of ​​​​50 to 75 sq m. As for apartments from 75 to 125 sq m, they increased by 2% and amounted to 22%. At the same time, the category with the smallest share (apartments with an area of ​​​​more than 125 sq m) accounted for 5% of total sales.As for prices, according to a study by TBC Capital, in October 2025, the most expensive one square meter on the secondary market was in Vake - 2,299 dollars, and the cheapest was in Samgori - 1,118 dollars. Vake - $2,299 Mtatsminda - $2,247 Saburtalo - $1,552 Chugureti - $1,468 Krtsanisi - $1,451 Didube - $1,354 Isani - $1,217 Nadzaladevi - $1,163 Gldani - $1,149 Didi Digomi - $1,143 Samgori - $1,118 TBC Capital's review also notes that in October 2025, a total of 4,129 apartments were sold in the Tbilisi real estate market, which is a 13% increase year-on-year.The total number of apartments sold during the 10 months of 2025 increased by 3% year-on-year. According to the investment bank, such growth is partly due to the commissioning of large construction projects.

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