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Economic Press Monitor


April 15, 2019

IN THIS ISSUE:

1. PROBABLY, GEORGIA COULD BE BOUGHT, BUT IVANISHVILI HAS NO ENOUGH MONEY, MUCH BIGGER SUM IS REQUIRED FOR THIS
2. KOBULIA ABOUT RESIGNATION FROM THE POST: ASK BIDZINA IVANISHVILI, I DO NOT KNOW
3. GEORGIA’S 100 LARGEST COMPANIES
4. GOVERNMENT’S EXPENSES ON EDUCATION IN EUROPEAN COUNTRIES AND GEORGIA

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1. PROBABLY, GEORGIA COULD BE BOUGHT, BUT IVANISHVILI HAS NO ENOUGH MONEY, MUCH BIGGER SUM IS REQUIRED FOR THIS
Economic & Politics

The magazine publishes commentary of expert Sandro Tvalchrelidze regarding recent TV appearance of Bidzina Ivanishvili, billionaire chairman of ruling Georgian Dream, in air of Imedi broadcasting company.

I did not have impression that Ivanishvili “anyhow comprehensively perceives the created situation”, the expert declares.

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2. KOBULIA ABOUT RESIGNATION FROM THE POST: ASK BIDZINA IVANISHVILI, I DO NOT KNOW
Economic & Politics

“I think that the government is chosen correctly”, but “there could be small questions” concerning some ministers, billionaire chairman of ruling Georgian Dream Bidzina Ivanishvili declared, while appearing on April 9 on air of TV company Imedi.

Tabula notes that after the interview, information was spread that the ruling team holds consultations in connection with government changes.

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3. GEORGIA’S 100 LARGEST COMPANIES
Companies

Income, received in 2017 by Georgia’s 100 largest companies outside the financial sector, totaled to 17.5 billion lari, the magazine reports. The net profit of these companies amounted to 1.2 billion lari.

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4. GOVERNMENT’S EXPENSES ON EDUCATION IN EUROPEAN COUNTRIES AND GEORGIA
Macroeconomics & Budget

Georgian government plans to increase share of education in GDP of the country up to 11%, for which end plans to spend for education per 25% of the budget annually in the next years, the magazine reports.

According to the World Bank, currently share of education in GDP makes up in the EU 4.7% on average, while in Georgia – 3.8%.

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