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Economic Press Monitor


April 29, 2021

IN THIS ISSUE:

1. TIKARADZE: SOME DOCTORS HAVE COMPENSATION OF 300 LARI A MONTH, SOME – 120,000, THIS IS UNFAIR
2. IN REALITY, WIND AND SOLAR ENERGY CANNOT HELP GEORGIA’S ENERGY SECTOR
3. OIL SPILLS IN KAKHETI, STATE ANNOUNCES SANCTIONS AGAINST “FRONTERA”
4. “LOPOTA SPA RESORT” IS EXPANDING – TOTAL INVESTMENT IN NEW FACILITIES IS ABOUT 20M LARI

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1. TIKARADZE: SOME DOCTORS HAVE COMPENSATION OF 300 LARI A MONTH, SOME – 120,000, THIS IS UNFAIR
Economic & Politics

Ekaterine Tikaradze, Georgia’s Minister of IDPs from Occupied Territories, Labor, Healthcare and Social Protection, declared that “[labor’ compensation of our doctors is radically asymmetric”, “some doctors have compensation of 300 lari a month, and some doctors – 120,000 lari”.

“You would certify too that this is unfair”, the Minister said, while speaking in the country’s Parliament.

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2. IN REALITY, WIND AND SOLAR ENERGY CANNOT HELP GEORGIA’S ENERGY SECTOR
Energy, Oil & Gas

Giorgi Chikovani, head of Georgian Energy Development Fund, has planned that by 2030, wind energy should make up 20% of Georgia’s generation, while solar energy – about 5%, the newspaper reports.

Regarding hydropower, Chikovani says that, unfortunately, most of the projects in this direction have been stopped – the matter concerns 20 small and medium-sized HESes.

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3. OIL SPILLS IN KAKHETI, STATE ANNOUNCES SANCTIONS AGAINST “FRONTERA”
Conflict and Court

Former MP Beka Natsvlishvili declares that oil spills from stopped well in Dedoplistskaro (Kakheti region) and contaminates soil. The well belongs to Frontera, while the spilled oil reaches almost Vashlovani reserve, he notes.

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4. “LOPOTA SPA RESORT” IS EXPANDING – TOTAL INVESTMENT IN NEW FACILITIES IS ABOUT 20M LARI
Companies

This year, several new facilities will be added to Lopota Spa Resort (a hotel complex on Lake Lopota in Kakheti region), investment in which will total to about 20 million lari, the magazine reports.

In particular, the 15th premium hotel building with 51 rooms will be added to the complex at the end of June, as a result of which the hotel’s total capacity will increase to 236 rooms.

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