Daily News

IN THIS ISSUE:

Sakstat reported that in March, average consumer’s cost of living in Georgia amounted to 211 lari. If compared with December 2021, the volume has increased by 6.6% (13 lari), while if compared with March 2021 – by 18.5% (32.9 lari).

The Georgian government has published today the European Commission’s questionnaire that was handed over to the country on April 11 within process of its application for the EU membership (filed on March 3). The decision to publicize the document was made at a meeting of the government commission on Georgia’s integration into the EU.

Levan Davitashvili, Georgia’s Deputy Prime Minister and Minister of Economy and Sustainable Development, declared that cooperation between Georgia and Azerbaijan in energy sector is becoming especially topical now.

This “will ensure energy independence and energy security not only at the level of our countries, but it is also significantly related to the energy security of Europe”, Davitashvili pointed.

Galt&Taggart reported that 500,000 tourists have visited Georgia in the 1^st quarter, making up 52.1% of the indicator of the 1^st quarter of 2019 (before the pandemic). If compared with the 1^st quarter of 2021, the number has increased by 294.6%.

TBC Capital declared that in March, Tbilisi residential market has already experienced the consequences of Russia-Ukraine war. In this regard, the company pointed at increased demand from migrants and short-term depreciation of lari.

“In recent years, vegetable production has increased by 15% and made up 176,000 t”, reported Georgia’s Minister of Environmental Protection and Agriculture Otar Shamugia.

The Minister said that currently, main part of vegetable import falls on the off-season period, which is caused by insufficient capacity of storage infrastructure.

Otar Shamugia, Georgia’s Minister of Environmental Protection and Agriculture, does not exclude that “because of current reality” (Russia-Ukraine war), subsidies for rtveli (vintage) could be issued this year too.

In 2021, the state budget allocated 100 million lari for subsidizing of rtveli.

Georgian National Competition Agency has permitted LLC Neo Hospitals to acquire a 100% stake in LLC Amtel Hospital First Clinical. The expected concentration (merger) is compatible with the competitive environment, the Agency said.