Economic Press Monitor
February 11, 2019
IN THIS ISSUE:
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1. |
5-YEAR CHALLENGE OF TOURISM – “G&T” FORECASTS GROWTH OF INCOME FROM TOURISM UP TO $3.6B
Tourism
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Investment company Galt&Taggart (G&T) forecasts growth of tourists’ number in Georgia up to 5.3 million in 2019, i.e. by 11.4% year-on-year. Income from tourism, according to G&T forecast, will amount to $3.6 billion.
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2. |
COUNTERS COULD BECOME EMPTY SINCE MARCH 1
Economic & Politics
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Since March 1, counters in Georgian shops could become practically empty, while production – to rise in price, the newspaper states. According to the article, importers and distributors explain this possibility with enactment of new technical regulation on providing of information on food to consumer.
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3. |
IRAKLI ROSTOMASHVILI: 40,000 CITIZENS COULD FACE AN EMPLOYMENT PROBLEM
Construction
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Chairman of Developers Association Irakli Rostomashvili assumes that restrictions on issuing of mortgage loans, which became effective on January 1, will create an employment problem to 40,000 people, working in construction sphere. He posted the mentioned on his Facebook page.
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4. |
MINISTERS OF OUR GOVERNMENT SOME WORK AS SICK-NURSES OF OLD MEN, SOME – AS DRIVERS OF TRAILERS
Economic & Politics
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Georgian ex-president Mikheil Saakashvili declared, while speaking at the meeting in Liege (Belgium) with his supporter Georgian emigrants, that “the best days of Georgia are ahead”, “evil will surely lose to good, light will surely win against darkness”. According to Saakashvili, this is only the beginning of similar meetings, next of which will take place in Italy, then in France, etc.
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