Georgian authorities announced a reduction in poverty in the country

Georgian Prime Minister Irakli Kobakhidze announced at a briefing that the poverty rate in the country had decreased to 7.1% in 2025, lifting approximately 90,000 citizens out of poverty. He attributed this progress to improved economic indicators.

The politician noted that the 7.1% figure represents a threefold reduction in the poverty rate since 2020, when it stood at 21.3%. Kobakhidze recalled that in 2012, more than 1.1 million people lived below the poverty line, while in 2025, this figure had dropped to less than 280,000.

"The complete eradication of poverty in Georgia remains one of our main national goals. As long as nearly 280,000 of our fellow citizens continue to live below this threshold, we have no right to relax," the prime minister emphasized.

The head of government emphasized that the primary indicator of poverty by international standards is an absolute figure, not a comparative one. Kobakhidze expressed confidence that, if current economic growth rates and poverty reduction continue, Georgia will be able to completely eliminate it by 2030.

He also reported that since 2020, the country's economy has grown from 50 to 105 billion lari in national currency, and from 16 to 38 billion dollars in dollar terms.

Последние новости
Georgian authorities announced a reduction in poverty in the country
Economy
Georgian authorities announced a reduction in poverty in the country
25 May 2026

Georgian Prime Minister Irakli Kobakhidze announced at a briefing that the poverty rate in the country had decreased to 7.1% in 2025, lifting approximately 90,000 citizens out of poverty. He attributed this progress to improved economic indicators.

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Tbilisi-Baku Energy Deal Accelerated After Aliyev's Meeting with Ivanishvili
Politics
Tbilisi-Baku Energy Deal Accelerated After Aliyev's Meeting with Ivanishvili
25 May 2026

The signing of a major package of agreements between Georgia and Azerbaijan became possible following Azerbaijani President Ilham Aliyev's visit to Tbilisi and his talks with Georgian Dream founder Bidzina Ivanishvili. This was announced by Georgian Economy Minister Mariam Kvrivishvili.

According to the minister, following the meeting, the parties began to move toward formalizing the agreements "very effectively and quickly."

Kvrivishvili emphasized that the signed documents are of "historic" significance for both countries, and that the energy component of cooperation is particularly important for Georgia.

The minister noted that the new agreements should strengthen the country's energy security, and Azerbaijan will maintain its status as Tbilisi's strategic partner in this area.

On May 18, Georgia and Azerbaijan signed a package of agreements in the fields of energy and transport. These include a 20-year intergovernmental agreement on electricity supplies and transit, as well as a two-decade extension of the contract for Azerbaijani gas supplies, in effect since 2003. Georgian authorities believe this will help ensure a stable public gas supply.

Also, starting May 26, passenger rail service between the capitals of Georgia and Azerbaijan, which was interrupted almost six years ago, will be restored. A train will run between Tbilisi and Baku every day.