Economic Press Monitor
April 15, 2022
IN THIS ISSUE:
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| 1. |
FOOD PRICE GROWTH IS EXPECTED NO LONGER, PRICES ARE ALREADY AT THEIR PEAK
Macroeconomics & Budget
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Iva Chkonia, chairman of Georgian Distributors Association, declared that if there are no sharp changes on the international market, no price growth on imported products in Georgia is planned at this stage. Regarding search for alternative markets because of the Russia-Ukraine war, Chkonia assured that “It has been already managed to substitute main products with alternatives means, moreover, mostly painlessly”.
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| 2. |
9 STEPS TO GEORGIA’S RAPID ECONOMIC GROWTH
Economic & Politics
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Mamuka Khazaradze, leader of the opposition party Lelo for Georgia, offers 9 steps, which should be made in the first instance for Georgia’s rapid economic growth. He writes about this in social media.
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| 3. |
GEORGIA’S 10 RICHEST MUNICIPALITIES
Macroeconomics & Budget
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Because of the low level of territorial decentralization in Georgia, in 2022, local self-governments account for only up to 3 billion lari in total expenditures of the country’s authorities of 21 billion lari, the article indicates. At that, share of 10 municipalities in total municipal expenditures makes up to 73%.
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