Economic Press Monitor

IN THIS ISSUE:

According to quality of education, the World Economic Forum places Georgia on the 101^st position among 137 countries. At that, by criterion of quality of mathematics and science education, Georgia occupies the 103^rd position.

Since January 2018, deposits, placed by individuals in the Georgian commercial banks, will be insured by special state fund. Through monthly payment of obligatory commission fee, deposited sum of up to 5,000 lari will be compensated in case of bankruptcy of the bank.

Cable operators stopped broadcasting of Rustavi-2, Imedi, Maestro, GDS, Marao and Komedi Arkhi (Comedy Channel).

They explain the action with demand of Media Right Georgia to pay the fee for broadcasting of signal of these Georgian TV channels.

Paata Bairakhtari, vice-president of Georgian Young Financiers and Businessmen Association, considers that law “On Tobacco Control”, which will enter in force on January 1, 2018, limits mainly small and medium business.

For example, regulation envisages prohibition of realization of tobacco along streets and roads, respectively, besides budgetary losses, job will be lost by thousands of people, engaged in this business, Bairakhtari specifies.

State Audit Service reported that election subjects have received between July 1 and October 17 donations, totaling to 13 million lari. Out of this sum, 90% (11.64 million lari) is share of ruling Georgian Dream, Netgazeti.Ge says.