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Economic Press Monitor


March 20, 2017

IN THIS ISSUE:

1. 5,092 PEOPLE MADE USE OF LOAN CONVERSION PROGRAM
2. CHIABERASHVILI: ADMINISTRATION OF UNIVERSAL HEALTHCARE PROGRAM SHOULD BE TRANSFERRED TO INSURANCE COMPANIES
3. YOUNG LAWYERS ASSOCIATION IS READY TO RENDER LEGAL ASSISTANCE TO STREET TRADERS
4. TWO TRAIN STATIONS TO OPEN AT KUTAISI AIRPORT

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1. 5,092 PEOPLE MADE USE OF LOAN CONVERSION PROGRAM
Finances & Banking

Giorgi Tsutskiridze, executive director of Georgian Banks Association, declared that in 2 months, 5,092 people made use of loan conversion program and converted loans of $71 million.

“Those, who did not take part in the program, have made their choice.

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2. CHIABERASHVILI: ADMINISTRATION OF UNIVERSAL HEALTHCARE PROGRAM SHOULD BE TRANSFERRED TO INSURANCE COMPANIES
Ecology & Health

Member of the Parliament fraction European Georgia, former healthcare minister Zurab Chiaberashvili notes that as far back as 2013, demand to the government was target-orientation of universal healthcare program and return of insurance companies to its management.

The target-orientation will be enacted this year, while “if private companies will undertake administration, this will lower cost of both state-funded and private packages”, Chiaberashvili declares.

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3. YOUNG LAWYERS ASSOCIATION IS READY TO RENDER LEGAL ASSISTANCE TO STREET TRADERS
Conflict and Court

On March 19, Tbilisi City Hall did not allow street traders to place their shelves and boards and took their goods, pointing that “street trading is illegal, as well as it prevents movement of citizens and Tbilisi guests”, the newspaper writes.

Georgian Young Lawyers Association declared that they are ready to render legal assistance to street traders.

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4. TWO TRAIN STATIONS TO OPEN AT KUTAISI AIRPORT
Transport & Communications

Georgian Railway announced plans to open two train stations at Kutaisi Airport in Kopitnari, Tabula reports.

Currently, rehabilitation works are underway in old Kopitnari station, which will be opened this spring, the company said.

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Exchange Rates (NBG)
  03/18/24 + / -
  USD   2.7098   0.0099
  EUR   2.9529   0.0127
  RUR   2.9402   0.0009
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