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Economic Press Monitor


September 16, 2020

IN THIS ISSUE:

1. FOR THE LAST 15 DAYS, LARI DEPRECIATED AGAINST DOLLAR BY 8 TETRI, AGAINST EURO – BY 9 TETRI
2. “EDISON RESEARCH”: 57% OF RESPONDENTS THINK THAT THE COUNTRY DEVELOPS IN THE WRONG DIRECTION
3. “EDISON RESEARCH”: IF ELECTIONS WERE HELD TODAY – “DREAM” – 38%, “UNM” – 15%, “EUROPEANS” – 6%
4. GEORGIA WAS IN “YELLOW ZONE” AT FIRST, WHILE IS IN “GREEN” NOW – WHAT HAPPENED?

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1. FOR THE LAST 15 DAYS, LARI DEPRECIATED AGAINST DOLLAR BY 8 TETRI, AGAINST EURO – BY 9 TETRI
Macroeconomics & Budget

For the last 15 days, Georgian lari depreciated against the US dollar by 8 tetri, while against euro – by 9 tetri, Tabula reports.

If on September 1 the exchange rate against the US dollar was 3.0714 GEL/USD, then on September 15 – already 3.1546 GEL/USD.

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2. “EDISON RESEARCH”: 57% OF RESPONDENTS THINK THAT THE COUNTRY DEVELOPS IN THE WRONG DIRECTION
Economic & Politics

Survey, conducted by Edison Research, show that 57% of Georgians think that the country develops in the wrong direction. At that, 49% of respondents think that the country develops in the right direction.

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3. “EDISON RESEARCH”: IF ELECTIONS WERE HELD TODAY – “DREAM” – 38%, “UNM” – 15%, “EUROPEANS” – 6%
Economic & Politics

Survey, conducted by Edison Research, show that if Georgian parliamentary elections were held today (are planned on October 31), 38% of Georgians would vote for ruling Georgian Dream. At that, 15% would vote for oppositional United National Movement (UNM) and 6% – for also oppositional European Georgia.

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4. GEORGIA WAS IN “YELLOW ZONE” AT FIRST, WHILE IS IN “GREEN” NOW – WHAT HAPPENED?
Ecology & Health

Tamar Gabunia, Georgia’s Deputy Minister of IDPs from Occupied Territories, Labor, Healthcare andSocial Protection, said on September 10 that Georgia with COVID-19 incidence rate of 10.2 (number of new cases during certain period) has passed into so-called “yellow zone” with “relatively raised care”.

On September 14, head of Georgian National Center for Diseases Control Amiran Gamkrelidze said that Georgia still remains in “green zone” and that average rate of incidence makes up 1.74, i.e. is much lower, than was declared last week, Netgazeti.Ge points, explaining that the Center and the Ministry had changed the calculation method.

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Exchange Rates (NBG)
  04/24/24 + / -
  USD   2.6910   0.0108
  EUR   2.8756   0.0201
  RUR   2.9082   0.0412
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