Daily News
September 18, 2023
IN THIS ISSUE:
|
Full text is not available for the guests. Please, login, if you already have account, or register to get one.
|
|
| 1. |
IN Q2, GEORGIA’S REAL GDP GROWTH MADE UP 7.5%
Economics
|
In the 2nd quarter, Georgia’s GDP in current prices amounted to 19.28 billion lari, increasing year-on-year by 9.6%, Sakstat reported (preliminary data). Annual real GDP growth made up 7.5%, change of deflator – 2%.
Back to the Headlines
| 2. |
DYNAMIC PORTFOLIOS ACCOUNT FOR 76.3% OF GEORGIAN ACCUMULATIVE PENSION SCHEME’S ASSETS
Economics
|
Georgian Pension Agency reported that as of August 31, net value of accumulative pension scheme’s assets totaled to 3.85 billion lari. The scheme had 1.44 million participants.
Back to the Headlines
| 3. |
IN 6 MONTHS, CONTRIBUTIONS TO GEORGIAN NON-STATE PENSION SCHEMES INCREASED BY 16.7% Y-O-Y
Business
|
For 6 months, pension contributions to the country’s non-state pension schemes totaled to 3.2 million lari, Georgian State Service for Insurance Supervision reported. If compared to the same period of 2022, the volume has increased by 16.7%.
Back to the Headlines
| 4. |
IN 6 MONTHS, AGRICULTURAL INSURANCE PREMIUM IN GEORGIA INCREASED BY 14.7% Y-O-Y
Business
|
Premium, attracted in the country in agricultural insurance for 6 months, totaled to 18 million lari (gross), Georgian State Service for Insurance Supervision reported. If compared to the same period of 2022, the volume has increased by 14.7%.
Back to the Headlines
| 5. |
IN 6 MONTHS, FREIGHT TRANSPORTATION OF “GEORGIAN RAILWAY” DECREASED IN VOLUME BY 2.4% Y-O-Y
Business
|
Freights, transported by Georgian Railway in 6 months of this year, amounted to 6.7 million t, decreasing by 2.4% year-on-year. However, compared to the same period of 2021, the volume has increased by 10.6%, Galt&Taggart pointed in its review.
Back to the Headlines
| 6. |
“GALT&TAGGART” FORECASTS MODERATE GROWTH OF REVENUE OF “GEORGIAN RAILWAY” IN 2023
Business
|
Galt&Taggart expects that growth of revenue of Georgian Railway in 2023 will be moderate, making up 4.7% year-on-year, and the volume of revenues will amount to $242.3 million. In its review, Galt&Taggart notes that in 6 months of this year, revenues of Georgian Railway increased year-on-year by 15.5% to $117.7 million mainly due to revenues from freight transportation and logistics services, as well as passenger traffic.
Back to the Headlines
| 7. |
“SAKAERONAVIGATSIA” JOINED NEWPENS NETWORK
Economics
|
LLC Sakaeronavigatsia (Georgian Air Navigation) joined the NewPENS, the new pan-European network service of EUROCONTROL. Joining the NewPENS allows Georgia to exchange information directly with European countries, said the LLC.
Back to the Headlines
| 8. |
GEORGIAN COMPETITION AGENCY ESTABLISHED VIOLATION OF CONSUMER RIGHTS BY “MODUS”
Business
|
Georgian National Competition Agency established violation of consumer rights by Modus (trade in construction and repair materials). In particular, fact of violation of the main obligations to provide the consumer with information and replacement/repair/return of defective goods was confirmed, the Agency said.
Back to the Headlines
|
0.0135
