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Koba Gvenetadze: In 2004-2016 when the GEL exchange rate was stable, the annual inflation rate was 5.6% on average whilst in 2015-2019 when GEL was in...
Verdict: FactCheck concludes that Koba Gvenetadze’s statement is TRUE.
21/12/2020TrueThe statement is accurate and nothing is missing -
Irakli Kobakhidze: “Over 250,000 jobs have been created which is indicated by the volume of bank deposits. Our citizens had GEL 4.4 billion in banks ...
Verdict: FactCheck concludes that Irakli Kobakhidze’s statement is HALF TRUE.
07/12/2020Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
Natia Turnava: “According to International Monetary Fund’s projections, in the medium term Georgia will keep and enhance its status as a regional lea...
Verdict: FactCheck concludes that Natia Turnava’s statement is MOSTLY TRUE.
23/11/2020Mostly TrueThe application is accurate, but requires additional information and/or definition -
“As compared to even 2017, foreign direct investments in Georgia have decreased by USD 500 million.”
Verdict: FactCheck concludes that Giorgi Vashadze’s statement is TRUE.
02/11/2020TrueThe statement is accurate and nothing is missing -
Government Debt and Deficit Dynamic Amid the Pandemic
According to 2020’s current data, the total government debt constitutes nearly GEL 27.1 billion which amounts to 54.3% of the estimated GDP.
27/10/2020FactCheck NewspaperFactCheck Newspaper -
Giorgi Vashadze: Gakharia has more than half a million USD in savings, he does not trust GEL. Since the beginning of this year, the currencies of Arme...
Verdict: FactCheck concludes that Giorgi Vashadze’s statement is MOSTLY TRUE.
26/10/2020Mostly TrueThe application is accurate, but requires additional information and/or definition -
GEL depreciated twofold in the last eight years due to a wrong economy [economic policy].
Verdict: FactCheck concludes that Zurab Tchiaberashvili’s statement is HALF TRUE.
12/10/2020Half TrueThe statement is partly accurate, but the details are missing or some of the issues are without context -
The total [domestic] debt to gross national [domestic] product ratio is over 60%
Verdict: FactCheck concludes that Mikheil Saakashvili’s statement is MOSTLY FALSE
05/10/2020Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
FDI from the UK have increased
Verdict: FactCheck leaves Natia Turnava’s statement WITHOUT A VERDICT.
28/09/2020Without verdictThe verification of the application can not be evaluated -
Natia Turnava: S&P and Fitch left Georgia’s ratings unchanged which indicates that the Georgian economy augurs well for investors in light of the pand...
Verdict: FactCheck concludes that Natia Turnava’s statement is MOSTLY FALSE.
07/09/2020Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
Ivane Machavariani: “Georgia’s budget transparency index is one of the highest.”
Verdict: FactCheck concludes that Ivane Machavariani’s statement is TRUE.
14/08/2020TrueThe statement is accurate and nothing is missing -
Giorgi Vashadze: “In eight years food became 54% more expensive in the country.”
Verdict: FactCheck concludes that Giorgi Vashadze’s statement is MOSTLY TRUE.
10/08/2020Mostly TrueThe application is accurate, but requires additional information and/or definition -
Giorgi Vashadze: “After the Georgian Dream’s eight-year rule, GEL 1 value is now GEL 0.5.”
Verdict: FactCheck concludes that Giorgi Vashadze’s statement is MOSTLY FALSE.
04/08/2020Mostly FalseIn the statement is the elements of the truth, but the important facts that could have made other impressions -
“According to an authoritative credit rating agency, Georgia is ranked in the worst 63rd position based on economic risks under the pandemic”
Verdict: FactCheck concludes that Roman Gotsiridze’s statement is TRUE
21/07/2020TrueThe statement is accurate and nothing is missing -
“In spite of the pandemic, foreign direct investments from the US in the first quarter of 2020 increased by 34% and with a 17% share, the US has becom...
Verdict: FactCheck concludes that Natia Turnava’s statement is TRUE
29/06/2020TrueThe statement is accurate and nothing is missing