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Economic Press Monitor


May 30, 2023

IN THIS ISSUE:

1. IN WHAT CASE US SANCTIONS AGAINST GEORGIAN AUTHORITIES COULD BE TIGHTENED?
2. CONSTRUCTION OF NEW RUNWAY IS PLANNED AT KUTAISI AIRPORT
3. HOW MUCH 1 SACK OF FLOUR WILL COST IN 2 WEEKS, WHAT KIND OF BREAD WILL KEEP ITS PRICE AND WHAT WILL BECOME MORE EXPENSIVE?

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1. IN WHAT CASE US SANCTIONS AGAINST GEORGIAN AUTHORITIES COULD BE TIGHTENED?
Economic & Politics

The magazine considers possibility of tightening US sanctions against the Georgian authorities. For this purpose, the article analyzes the US sanctions against Moldovan and Ukrainian oligarchs.

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2. CONSTRUCTION OF NEW RUNWAY IS PLANNED AT KUTAISI AIRPORT
Transport & Communications

LLC Georgian Airports Association plans to build a new runway at Kutaisi airport. In order to determine the estimated cost of designing, the state-owned LLC conducts a market research.

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3. HOW MUCH 1 SACK OF FLOUR WILL COST IN 2 WEEKS, WHAT KIND OF BREAD WILL KEEP ITS PRICE AND WHAT WILL BECOME MORE EXPENSIVE?
Agriculture & Food

Supposedly, from June 10, the Georgian government plans to introduce a fee on flour import for a period of 5 months. In particular, fee on import of 1 t of flour will make up 200 lari, which will cause 1 sack of flour to increase in price by 12 lari, although the price of bread will remain, the newspaper says.

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Exchange Rates (NBG)
  05/02/24 + / -
  USD   2.6797   0.0009
  EUR   2.8684   0.0101
  RUR   2.9172   0.0674
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