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Economic Press Monitor


September 18, 2023

IN THIS ISSUE:

1. SINCE OCTOBER, SALARY OF EMERGENCY TEAMS WILL GROW BY 10%
2. EX-DIRECTOR OF “TINKOFF GROUP” APPOINTED HEAD OF INTERNATIONAL OPERATIONS OF “TBC GROUP”
3. ROOF OF A BUILDING BUILT FOR 2.8M IS LEAKING, BSU SAYS THAT THEY CANNOT CONTACT WITH CONSTRUCTION COMPANY

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1. SINCE OCTOBER, SALARY OF EMERGENCY TEAMS WILL GROW BY 10%
Macroeconomics & Budget

Since October, salary of emergency team members and central dispatch officers will increase by 10%. As Georgian Ministry of IDs from Occupied Territories, Labor, Healthcare and Social Protection said, up to 4,000 employees will receive the increased salary.

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2. EX-DIRECTOR OF “TINKOFF GROUP” APPOINTED HEAD OF INTERNATIONAL OPERATIONS OF “TBC GROUP”
Companies

Since September 14, British national Oliver Hughes, 53, has been appointed head of international operations at TBC Group. He also became a member of the executive board of TBC Group.

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3. ROOF OF A BUILDING BUILT FOR 2.8M IS LEAKING, BSU SAYS THAT THEY CANNOT CONTACT WITH CONSTRUCTION COMPANY
Macroeconomics & Budget

Batumi State University (BSU) announced a tender worth 405,000 lari for rehabilitation of the newly built educational building. Construction of the building was completed in 2020, but its roof is leaking.

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Exchange Rates (NBG)
  06/21/24 + / -
  USD   2.8001   0.0000
  EUR   2.9916   0.0129
  RUR   3.1815   0.0652
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