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GCCA publishes consumer protection statistics, reporting a 65% increas...

During the reporting period, the Agency received 1,470 consumer applications and handled 5,450 hotline calls, marking a 65% increase in applications compared to the previous year.90% of concluded cases were decided in favor of consumers, with total compensation exceeding GEL 1 million.During the reporting period, the Georgian Competition and Consumer Agency (GCCA) identified 183 violations of consumer group rights in 288 cases. Due to non-compliance with obligations imposed by the GCCA, 85 traders were fined in 139 cases, with total penalties amounting to 135 955 GEL. For consumer protection, 161 commitment agreements were signed in 182 cases, where traders committed to modifying their internal business policies and restoring the rights of affected consumers who suffered due to unfair business practices.In 2025, 66% of submitted applications concerned online transactions, while 34% related to in-person purchases. From a regional perspective, Tbilisi accounted for the largest share of applications (79%), followed by Adjara and Imereti (5%). Kakheti, Kvemo Kartli, Shida Kartli, and Samegrelo-Zemo Svaneti each represented 2%, and etc.Based on 2025 data, the demand for a refund is 465, the repair or replacement of defective items is 484, 273 for restoring the right to a defective service, ensuring delivery of goods within the stipulated period 112, 46 related to the prohibition of misleading practices, and the rest is 90. According to the statistics, 73% of the applications related to the wholesale and retail sector, followed by transport and warehousing with 12%. The arts, entertainment, and recreation sector accounted for 5%, while the remaining 10% concerned other types of economic activities.

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Georgia’s Foreign Exchange Reserves Surpass $6 Billion

The NBG continues to focus on reserve accumulation, taking advantage of favorable market conditions throughout 2025. From January to November, net purchases totaled $2.07 billion, including monthly buys such as $101.7 million in March, $266.4 million in April, $245.4 million in May, $266 million in June, $416.9 million in July, $199.6 million in August, $100 million in September, $167.4 million in October, and $308.2 million in November. December’s data will be officially published on January 26, 2026.The NBG emphasizes that international reserves are a key guarantee of macroeconomic stability. Its long-term policy focuses on accumulating reserves and managing them efficiently. As of December 2025, gold accounts for 16.3% of total reserves ($1.002 billion). Thanks to rising gold prices, the value of monetary gold doubled since acquisition, adding $502.3 million to the reserves, highlighting the effectiveness of the NBG’s diversification strategy.Updated official data on Georgia’s international reserves will be released by the National Bank on February 6, 2026.

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Kremlin Shifts Policy: Abkhazia “Independent,” South Ossetia Moving To...

The report notes that Abkhazia will continue seeking international recognition, while South Ossetia will intensify efforts to integrate with Russia. Both regions are entering an election cycle in 2026, ahead of so-called presidential elections in South Ossetia and parliamentary elections in Abkhazia scheduled for spring 2027.Russia occupied South Ossetia and Abkhazia in August 2008 during its large-scale war against Georgia. Tens of thousands of Georgians were displaced. Shortly after the conflict, Moscow declared both regions independent entities, and Russian armed forces continue to control these territories.

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Turkey and Azerbaijan Reach Long-Term Agreement for Natural Gas Transi...

Bayraktar added that the agreement includes the supply of 2.25 billion cubic meters of natural gas per year from the Absheron field in the Caspian Sea for a period of 15 years.The contract is set to take effect in 2029 and will remain in force until 2040.According to Bayraktar, the natural gas will be delivered to Turkey via the Baku–Tbilisi–Erzurum pipeline.In addition, Turkey has extended its gas supply contract with Russian Gazprom and previously announced plans to increase natural gas imports from the United States.

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Salaries of construction workers increased by 21%

In detail:• The residential segment index increased by 0.9 percent compared to the previous month and by 7.9 percent compared to the same month of the previous year• The non-residential segment index increased by 1.7 percent compared to the previous month and by 10.7 percent compared to the same month of the previous year• The civil segment index decreased by 0.4 percent compared to the previous month and increased by 0.9 percent compared to the same month of the previous yearIn November 2025 the Construction Cost Index (CCI) increased by 0.5 percent compared to the previous month. The change was mainly due to a 1.3 percent increase in average monthly nominal wages of employees in the construction sector, which contributed 0.43 percentage points to the total index change.Compared to November 2024 the CCI increased by 5.2 percent. The latter was largely caused by the 21.0 percent increase in average monthly nominal wages of employees in the construction sector and by the 4.8 percent increase in the category of other costs, which contributed 5.02 and 0.3 percentage points to the total index change, respectively.Along with this, the Construction Cost Index posted a 25.8 percent increase compared to February 2022.

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“Georgian Dream” Forms Government Commission on Food Prices

Other members of the commission include: Mariam Kvrivishvili, Minister of Economy and Sustainable Development Davit Songulashvili, Minister of Environmental Protection and Agriculture Lasha Khutsishvili, Minister of Finance Mikheil Sarjveladze, Minister for Internally Displaced Persons from the Occupied Territories, Labor, Health, and Social Affairs Mamuka Mdinadze, Head of the State Security Service Levan Zhorzholiani, Head of the Government Administration Irakli Lekvinadze, Chairman of the Competition and Consumer Protection Agency On December 24, 2025, Kobakhidze stated that the price difference between Georgian and European food products is significant. He argued that this gap is largely caused by the high markups of distribution companies and supermarkets, which average 86% from border to shelf.At that time, Kobakhidze called on law enforcement agencies to investigate food prices and determine whether there are any signs of criminal activity. He also requested the parliament to establish a parliamentary commission to review the issue. In response, the State Security Service announced that it had begun examining food price-related matters.Previously, in February 2023, former Prime Minister Irakli Garibashvili, who has been accused of corruption, stated that in order to regulate food prices, rules on margins for importers and retailers would be established.Since retail sector regulations in Georgia are not harmonized with European standards, the Ministry of Economy, under Garibashvili’s direction, prepared a draft law on fair trade to regulate retail rules.Garibashvili explained the situation as follows:“The picture that emerged is this – importers’ markups in some cases have increased by 100%, which is unacceptable. This issue needs to be regulated.”Following his instructions, the National Competition Agency studied the market for seven staple products (rice, buckwheat, pasta, sugar, salt, oil, butter). The agency concluded that while import-level markups were indeed high, no cartel agreements or legal violations were officially confirmed. The agency issued only recommendations to businesses.

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