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Economic Press Monitor


August 11, 2017

IN THIS ISSUE:

1. FUEL STARTED RISING IN PRICE IN RETAIL NETWORK
2. COUNTRIES, FROM WHERE PEOPLE COME TO GEORGIA FOR RECEIVING OF HIGHER EDUCATION
3. WATER SUPPLY COMPANY MIGHT BE FINED FOR DISCLOSURE OF PERSONAL INFORMATION
4. THE GOVERNMENT’S PARTIAL QUIT FROM RTVELI SUBSIDIZING CAN INFLICT DAMAGE TO THE BRANCH

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1. FUEL STARTED RISING IN PRICE IN RETAIL NETWORK
Energy, Oil & Gas

Oil-products at unbranded gas stations have increased in price by 3-5 tetri per 1 l, the newspaper reports.

As the article notes, price of crude oil constantly grows on the world market for the last 3 months.

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2. COUNTRIES, FROM WHERE PEOPLE COME TO GEORGIA FOR RECEIVING OF HIGHER EDUCATION
International Cooperation

In the current academic year, 8,012 foreign students study in Georgia, the magazine reports. In 2016, there were 6,643 foreign students in the country.

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3. WATER SUPPLY COMPANY MIGHT BE FINED FOR DISCLOSURE OF PERSONAL INFORMATION
Companies

About a month ago, Georgian United Company of Water Supply placed stickers with personal information of consumers on meters, installed at entrances of residential buildings in Kutaisi, Netgazeti.Ge reports.

“The company had intended to place so-called stickers on those meters, which are installed on consumers’ area or in other places, hidden from strangers”, the company explains and assures that “in this particular case, the mistake happened, for which the company apologizes and will correct the above-mentioned fact immediately”.

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4. THE GOVERNMENT’S PARTIAL QUIT FROM RTVELI SUBSIDIZING CAN INFLICT DAMAGE TO THE BRANCH
Agriculture & Food

This year, the state quits from subsidizing of rtveli (vintage) in Kakheti region, but will keep donate per 2 lari for 1 kg in Racha-Lechkhumi (on Aleksandrouli and Mujuretuli varieties, used for making of Khvanchkara wine), the newspaper says.

Expert Gia Khukhashvili considers that the government’s decision on partial quit from subsidizing is wrong.

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