According to the commission, the Georgian fuel market is significantly dependent on imports from Russia, Bulgaria, Romania and Azerbaijan. This concentration makes the market vulnerable to geopolitical fluctuations, sanctions and logistical disruptions.During the same period, the combined market share of the five largest companies was 67.3%, indicating an average concentration.In March-April 2026, amid tensions in the Middle East and global energy risks, fuel price increases in Georgia accelerated significantly: The price of gasoline (regular and premium) increased by 10.8%–14.4% The price of diesel increased by 20.1%–23.8% According to the Commission’s analysis, reducing excise duties on fuel will not be an effective mechanism for reducing prices, as it is already low compared to European countries. In order to ensure price stability, the Commission rejects administrative control and focuses on market liberalization.The main recommendations outlined in the conclusion are: Diversification of supply: expanding the range of import sources. Inventory Management: Improving the strategic reserves management system. Logistics: Optimizing the supply chain and gradually introducing self-service models to reduce costs. “Fuel price stability in Georgia is achieved more through enhanced competition, security of supply, and market transparency than through administrative price control,” the parliamentary commission document states.

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The officials reviewed the longstanding and successful partnership between Georgia and the Asian Development Bank, spanning both the public and private sectors. Notably, the bank’s current portfolio in Georgia amounts to approximately six billion US dollars, with ongoing projects valued at over two billion dollars. Additionally, work is underway on projects worth up to a billion dollars within this year’s action plan.Lasha Khutsishvili briefed the ADB President on Georgia’s macroeconomic and fiscal indicators, including the country’s economic growth and medium-term forecasts.He expressed gratitude for the investments made and continuing to be made by the ADB across vital sectors such as roads, energy, and regional and municipal development.Attention was also given to the ADB’s involvement in infrastructure projects of international significance, aimed at enhancing Georgia’s transport and logistics capabilities, digital connectivity, energy security, and independence through the Middle Corridor project.In response, the President of the Asian Development Bank acknowledged Georgia’s strengthened role through investments in the Middle Corridor infrastructure and reaffirmed the bank’s readiness to continue active cooperation at both bilateral and regional levels.The meeting was attended by Deputy Minister of Finance Ekaterine Guntsadze, ADB Alternate Executive Director Lisa Wright, Director General of the ADB’s Central and West Asia Department Leah Gutierrez, and other representatives of the Asian Development Bank.

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Lion Finance Group (BGEO LN) shares closed at GBP 108.50/share (-1.72% w/w and +11.86% m/m). More than 169k shares traded in the range of GBP 104.90 - 111.40/share. Average daily traded volume was 61k in the last 4 weeks. The volume of BGEO shares traded was at 0.39% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 47.66/share (-2.14% w/w and +10.45% m/m). More than 142k shares changed hands in the range of GBP 46.70 - 49.80/share. Average daily traded volume was 52k in the last 4 weeks. The volume of TBCG shares traded was at 0.26% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 38.75/share (-4.67% w/w and +1.57% m/m). More than 188k shares traded in the range of GBP 38.15 - 41.05/share. Average daily traded volume was 58k in the last 4 weeks. The volume of CGEO shares traded was at 0.55% of its capitalization.

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With regard to the annual core inflation, the prices increased by 3.5 percent, while the annual core inflation without tobacco amounted to 3.2 percent.The annual inflation rate was mainly influenced by price changes for the following groups:Food and non-alcoholic beverages: the prices in the group increased by 7.5 percent, contributing 2.58 percentage points to the overall annual inflation rate. Within the group the prices increased for the following subgroups: fish (21.3 percent), fruit and grapes (11.8 percent), meat (10.1 percent), vegetables (9.3 percent), bread and cereals (7.7 percent), sugar, jam, honey,chocolate and confectionery (7.3 percent), oils and fats (6.3 percent), milk, cheese and eggs (4.5 percent), coffee, tea and cocoa (3.2 percent), mineral waters, soft drinks, fruit and vegetablejuices (0.8 percent);Transport: the prices for the group increased by 10.3 percent, contributing 1.2 percentage points to the overall index. Within the group the prices increased for operation of personal transport equipment (15.1 percent) and transport services (9.2 percent);Housing, water, electricity, gas and other fuels: the prices for the group increased by 6.5 percent, contributing 0.62 percentage points to the overall index. The prices were higher for the subgroups of electricity, gas and other fuels (10.2 percent), maintenance and repair of the dwelling (4.3 percent) and actual rentals for housing (3.5 percent);Miscellaneous goods and services: the prices for the group increased by 9.0 percent, contributing 0.45 percentage points to the overall index. Within the group, the prices were higher mainly for the following subgroups: personal effects n.e.c. (49.6 percent), insurance (8.5 percent), personal care (4.6 percent).

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According to the commission's conclusion, the existing practice of setting price caps has already proven its effectiveness, which, while maintaining market stability, has limited excessive margins in the sector.The parliamentary group is proposing to extend price regulation to at least 60% of actively circulating medicines on the market. According to the commission's forecast, this step will directly affect the consumer's pocket."It is advisable to extend the system to at least 60% of actively circulating medicines. As a result, it is expected that the population will receive an average 40% reduction in prices for medicines that are not currently subject to reference prices," the commission's conclusion states.In parallel, the recommendation envisages a gradual expansion of the state program for the management of chronic diseases. Currently, the program covers 400,000 beneficiaries and its budget is 70 million GEL, although the commission indicates the need to include additional medicines.To stimulate competition in the market, the document calls for the optimization of the procedures for registering medicines. In particular, it is planned to remove the requirement for bioequivalence studies for those medicines that have been in circulation for more than 10 years under the jurisdiction of the European Medicines Agency (EMA) or other strict regulators.According to the commission, this change is important for local manufacturers, as it will reduce both financial and time costs. In addition, it is planned to strengthen the national GMP (Good Manufacturing Practice) certification mechanism for foreign manufacturers, which will facilitate the rapid entry of new products into the market.As part of the reform, the commission calls for the introduction of a unified, coordinated monitoring system. The system should ensure: Continuous analysis of the impact of regulations to avoid reducing the range or withdrawing less profitable medicines from the market Prevention of shortages of medicines by reviewing the terms of contracts with suppliers and ensuring uninterrupted supply The Commission's conclusion, which aims to improve the value chain, will have a positive impact on price dynamics and product availability in the medium term.

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The ratio of deposits has also declined. The ratio of deposits to GDP is 64%, and loans - 67.8%.The ratio of monetary aggregates to GDP was the highest in the post-pandemic spring of 2021, when banking sector assets reached 117% of GDP.This year, according to statistics corrected at the end of April, the ratio of assets to GDP exceeded 100% in July 2025.When determining the coefficient of the State Budget, the GDP data for the last 4 quarters is used as a guide.Percentage of GDP (%)

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