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Economic Press Monitor


October 13, 2021

IN THIS ISSUE:

1. LARI WILL MAINTAIN STABILITY UNTIL END OF THE YEAR, AND THEN COULD START STRENGTHENING
2. VITAL INFRASTRUCTURE IN GEORGIA
3. GEORGIA’S INFRASTRUCTURE – INTERVIEW WITH IRAKLI KARSELADZE

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1. LARI WILL MAINTAIN STABILITY UNTIL END OF THE YEAR, AND THEN COULD START STRENGTHENING
Macroeconomics & Budget

After essential depreciation, lari has maintaining stability for several months already, and big changes on the forex market have not begun even after the local elections (October 2), the newspaper says. Currently, the exchange rate is within 3.1-3.13 GEL/USD.

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2. VITAL INFRASTRUCTURE IN GEORGIA
Macroeconomics & Budget

The magazine reviews the vital infrastructure in Georgia. As the article notes, this infrastructure is developed and more or less efficiently managed, however in rural settlements there are still problems with a number and quality of accessible services.

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3. GEORGIA’S INFRASTRUCTURE – INTERVIEW WITH IRAKLI KARSELADZE
Macroeconomics & Budget

The magazine published an interview with Irakli Karseladze, Georgia’s Minister of Infrastructure and Regional Development.

Speaking about construction of 51.6 km of road, including 96 bridges and 53 tunnels, through Rikoti Pass, the Minister calls it the project of the century.

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Exchange Rates (NBG)
  10/19/21 + / -
  USD   3.1369   0.0025
  EUR   3.6573   0.0252
  RUR   4.4264   0.0283
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