Economic Press Monitor
January 21, 2020
IN THIS ISSUE:
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TAKING INTO ACCOUNT CURRENT SITUATION ON INTERNATIONAL MARKETS, FLOUR PRICE CAN RISE IN PRICE BY 1-2 LARI
Agriculture & Food
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Levan Silagava, executive director of Georgian Association of Wheat and Flour Producers, indicates that now, two factors act mainly on international exchanges: Russia’s decision on quoting and the US-China agreement, increasing supplies of American wheat to China. In respect of Georgian market, we think that factor of Russian quoting will not be reflected seriously in flour price at first stage, Silagava declares.
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DAVID SAGANELIDZE – PARTNERSHIP FUND SHOULD NOT BE FINANCED FROM THE BUDGET
Macroeconomics & Budget
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David Saganelidze, executive director of Georgian Partnership Fund, points that the Fund is financed by subsidiaries, but “in recent years, it was not financed in fact”. “These enterprises have own problems, own plan of rehabilitation, they invest received income in own development”, Saganelidze declares and adds: “Therefore, we should not be on their dividends”.
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MEDICAL BUSINESS AT THE EXPENSE OF THE BUDGET – HOW PARTICULAR BUSINESS GROUPS GROW RICH AT THE EXPENSE OF UNIVERSAL HEALTHCARE PROGRAM
Ecology & Health
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In the current year, budget of the Georgian healthcare makes up 4.35 billion lari, while it is did not exceed 3.97 billion lari in the previous year, the article indicates. At that, the healthcare budget of 2019 exceeded Georgia’s total state budget of 2006 (3.8 billion lari).
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ZURAB CHIABERASHVILI: MEDICINES’ ACCESSIBILITY REMAINS A SERIOUS PROBLEM
Ecology & Health
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Zurab Chiaberashvili, MP from oppositional European Georgia and former healthcare minister in the government of United National Movement, says that access to medicines still remains a problem in the country. “Starting from August 2019, number of registered beneficiaries of the subsidized drugs program is decreasing, whereas purchase of drugs is one of serious problems in this country”, Chiaberashvili declared at the news briefing.
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