Economic Press Monitor
February 12, 2024
IN THIS ISSUE:
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| 1. |
RUSSIAN FUEL WAS SOLD ON THE MARKET WITH A HIGHER MARKUP THAN EUROPEAN – COMPETITION AGENCY
Energy, Oil & Gas
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In 2023, Georgia imported 1.54 million l of petrol and diesel fuel, 62.5% of which was delivered from Russia. Georgian Competition and Consumer Protection Agency estimates that Georgian market’s import was moderately concentrated on the Russian market.
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| 2. |
IN 2023, GEORGIA PURCHASED UP TO 10 CIGARETTES – TOP-5 COUNTRIES OF IMPORT
International Cooperation
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In 2023, Georgia imported 9.8 billion cigarettes, which number has increased by 22% compared to 2022 (data of Sakstat). The cost of imports totaled to $157.5 million, increasing by 21%.
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| 3. |
MINISTRY DECLARES THAT AGREEMENT HAS BEEN ALREADY REACHED WITH 250 EMPLOYEES OF REPUBLICAN HOSPITAL
Conflict and Court
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Up to 250 employees of the Republican Hospital (medical facility in Tbilisi, which building the government decided to dismantle) have already opted for a compensation package, Georgian Ministry of IDPs from Occupied Territories, Labor, Healthcare and Social Protection reports. In total, the hospital employs over 650 employees.
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