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DAILY NEWS December 5, 2019

PRIME MINISTER: THOSE PRINCIPLES, WITH WHICH REFORM OF UNIVERSAL HEALTHCARE WAS LAUNCHED, MUST BE CHANGED UNAMBIGUOUSLY

“Those principles, with which reform of universal healthcare was launched, must be changed unambiguously and it requires development”, Georgia’s Prime Minister Giorgi Gakharia declared.

“I am interested in healthcare system and universal healthcare within the next 3-5 years, as these are system changes”, the Premier pointed. More...


STRATEGY OF SUBSOIL SECTOR DEVELOPMENT IS APPROVED

At the meeting today, Georgian government approved national strategy of development of subsoil sector.

“Now, we emphasize processing, along with extraction”, Minister of Economy and Sustainable Development Natia Turnava declared after the meeting. More...


STRATEGY OF NATIONAL STATISTICS SYSTEM’S DEVELOPMENT IN 2020-2023 IS PREPARED

Sakstat presented today first Georgian strategy of national statistics system’s development, which covers period of 2020-2023.

As Georgian statistics service said, the strategy was developed with assistance of the UN Development Program (UNDP) and Sweden government. More...


PRIME MINISTER’S PRESS SPEAKER: OLD REGIME OF MARKING WILL OPERATE FOR SOFT DRINKS

In respect of issue of soft drinks’ marking, “the agreement is reached that Georgian government will continue to operate in the same regime, which acted until now”, press speaker of Georgian Prime Minister Irakli Chikovani reported today.

According to Chikovani, the decision is made in response to the appeal of soft drinks producers. More...


ECONOMY MINISTER: SMALL AND MEDIUM BUSINESSMEN WILL GOT LICENSES FOR USE OF TECHNICAL WATER

Georgia’s Minister of Economy and Sustainable Development Natia Turnava declared that “in the next few days, up to 120 small and medium businessmen will receive licenses for use of technical water”. She declared it today, after the government meeting, at which national strategy of development of subsoil sector was approved. More...


ECONOMY MINISTER: 6 OBJECTS ARE SOLD WITHIN PROJECT “100 INVESTMENT OFFERS FOR BUSINESS” AND OVER 8M LARI GAINED

Georgia’s Minister of Economy and Sustainable Development Natia Turnava declared that within the project “100 Investment Offers for Business”, 6 objects with total staring cost of 6.4 million lari are already sold. As a result of auctions, these objects were sold for 8.09 million lari, she reported today. More...


DEPUTY ECONOMY MINISTER: WITHIN GEORGIAN-FRENCH DIALOGUE, WE WILL COOPERATE IN 4 PRIORITY DIRECTIONS

Gennady Arveladze, Georgia’s Deputy Minister of Economy and Sustainable Development, declared that cooperation within Dimitri Amilakhvari Georgian-French Dialogue will include 4 priority directions. Among these directions of cooperation, he named trade and economy. More...


ENERGY EXCHANGE TO BE HEADED BY FORMER HEAD OF REGULATING COMMISSION

Energy exchange, founded within reform of Georgian energy market, will be headed by Irina Milorava, Georgia’s Minister of Economy and Sustainable Development Natia Turnava declared today.

Milorava headed for years Georgian National Energy and Water Supply Regulating Commission (term of her powers expired this year). More...


ECONOMY MINISTER: IN LAST MONTHS, 11 SMALL AND MEDIUM HYDROELECTRIC STATIONS WERE LAUNCHED

Georgia’s Minister of Economy and Sustainable Development Natia Turnava reported that in last months, 11 new small and medium hydroelectric stations were launched in the country. “This is investment of over $200 million” and “additional installed capacity of about 100 MW”, she noted. More...


MINISTER OF REGIONAL DEVELOPMENT AND INFRASTRUCTURE: TOTAL COST OF ROADS REHABILITATION IN KVEMO KARTLI -EXCEEDS 100M LARI

“In Kvemo Kartli, we already finished rehabilitation of 28 km of roads, capital repair of 75 km is underway, while we plan for the next year restoration of 25 km”, Georgia’s Minister of Regional Development and Infrastructure Maya Tskitishvili reported.

According to the Minister, “total cost of these projects exceeds 100 million lari”. More...


“FITCH” UPGRADED RATING OF “HALYK BANK GEORGIA”, WHILE AFFIRMED OF “BASISBANK”

Fitch Ratings declared that it increased rating of Halyk Bank Georgia from “BB-” to “BB”. The outlook remains “positive”. More...


ECONOMIC PRESS MONITOR December 5, 2019

Tabula: “AFTER SHARP CRITICISM OF HEALTHCARE REFORM, THE GOVERNMENT CREATES WORKING GROUP”

On December 4, Georgia’s Prime Minister Giorgi Gakharia met behind closed doors with heads of clinics of the country.

After the meeting, which held in the government administration, it became known that working group will be created after December 5, which will study shortcomings of the government resolution #520, Tabula reports. More...


Rezonansi: “THE COMPANY WILL RAISE FARE IN YELLOW “MINIBUSES” BY 30 TETRI?”

Big opposition begins between Tbilisi City Hall and company Tbilisi Minibus, the newspaper says. The City Hall considers that the minibuses of the company should be urgently replaced. More...


Rezonansi: ““GPIH” QUITS HOSPITAL BUSINESS”

On November 22, Georgian Hospital Group acquired Geo Hospitals chain of clinics from GPIH insurance company.

GPIH declares that this step was caused by decision of their owner Vienna Insurance Group. More...


Rezonansi: “NUMBER OF TOURISTS GROWS – THE GOVERNMENT GETS PANICKY SPECIALLY?”

Despite forecasts of Georgian government, National Bank of Georgia and National Tourism Administration, number of tourists did not decrease in the country, the newspaper says.

In particular, cumulative growth for 11 months made up 6.3%. More...


SPECIAL REPORT October 28, 2019

MONTHLY TOURISM UPDATE (SEPTEMBER 2019)

- During the I-III quarters of 2019, compared to the I-III quarters of 2018, the hotel prices in Georgia on average decreased by 0.3%;

- During the I-III quarters of 2019, compared to the I-III quarters of 2018, in Georgia the prices of 3-, 4- and 5-star hotels decreased on average by 1.9%. While in the same period, the average increase of the guesthouse prices amounted 4.9%;

- During the I-III quarters of 2019, compared to the corresponding period of 2018, on average the hotel prices in Tbilisi decreased by 7.8%. More...


Exchange Rates (NBG)
  12/05/19 + / -
  USD   2.9573   0.0000
  EUR   3.2796   0.0050
  RUR   4.6333   0.0136
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