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Economic Press Monitor


November 24, 2022

IN THIS ISSUE:

1. GEORGIA’S FIRST PROFESSIONAL FINNISH TRAINING OF TRAINERS WAS HELD IN COOPERATION WITH GEORGIAN BUSINESS ASSOCIATION AND “OMNIA EDUCATION PARTNERS”
2. POPULATION WILL HAVE THE RIGHT TO CUT FIREWOOD IN FORESTS FOR ANOTHER 4 YEARS
3. STARTING FEE FOR FERRIS WHEEL RENT AT AUCTION WILL MAKE UP 435,250 LARI – FOR 1 YEAR

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1. GEORGIA’S FIRST PROFESSIONAL FINNISH TRAINING OF TRAINERS WAS HELD IN COOPERATION WITH GEORGIAN BUSINESS ASSOCIATION AND “OMNIA EDUCATION PARTNERS”
International Cooperation

Finnish Omnia Education Partners, in cooperation with the Georgian Business Association, held Georgia’s first training of trainers (TOT). The training was attended by 15 representatives of the Association member companies.

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2. POPULATION WILL HAVE THE RIGHT TO CUT FIREWOOD IN FORESTS FOR ANOTHER 4 YEARS
Energy, Oil & Gas

In Georgia, the practice of so-called social logging will be discontinued from January 1, 2026. Instead, so-called business yards will be arranged, where the population will be able to purchase heating materials.

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3. STARTING FEE FOR FERRIS WHEEL RENT AT AUCTION WILL MAKE UP 435,250 LARI – FOR 1 YEAR
Macroeconomics & Budget

The Ferris wheel, located in the seaside park of Batumi, with a land plot of 1,419 square m, will be put up for auction again. Batumi City Hall considers that annual fee for the rent should make up 435,250 lari.

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Exchange Rates (NBG)
  04/24/24 + / -
  USD   2.6910   0.0108
  EUR   2.8756   0.0201
  RUR   2.9082   0.0412
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