Daily News
December 6, 2018
IN THIS ISSUE:
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| 1. |
ALLOCATIONS OF THE GOVERNMENT’S RESERVE FUND INCREASED BY 10M LARI
Economics
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According to the draft amendments to Georgia’s state budget-2018, submitted to the Parliament on December 5, allocations of reserve fund of the government are increased by 10 million lari. Respectively, allocations will make up now 60 million lari.
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| 2. |
NBG BOUGHT $5M
Economics
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National Bank of Georgia (NBG) declared about purchase of $5 million at the currency auction today. Average weighted rate made up 2.6704 GEL/USD.
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| 3. |
FREIGHT TRANSPORTATION FOR 10 MONTHS REDUCED BY 0.5% Y-O-Y, NUMBER OF TRANSPORTED PASSENGERS INCREASED BY 3%
Economics
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Georgian Ministry of Economy and Sustainable Development reported that volume of freights, shipped by transport sphere of the country during 10 months of the year, makes up 33.2 million t. If compared with the same period of 2017, the volume has decreased by 0.5%.
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| 4. |
FREIGHT, PROCESSED DURING 10 MONTHS IN GEORGIA’S SEAPORTS AND TERMINALS, DECREASED BY 8.1% Y-O-Y
Economics
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Georgian Ministry of Economy and Sustainable Development reported that seaports and terminals of the country processed 12.4 million t of freights during 10 months of the year. If compared with the same period of 2017, the volume has decreased by 8.1%.
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| 5. |
AS OF SEPTEMBER 30, MEDICAL INSURANCE PREMIUM INCREASED BY 6.8% Y-O-Y
Business
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Georgian State Service for Insurance Supervision reported that premium, attracted by Georgian insurance companies as of September 30 in health (medical) insurance, amounted to 172.4 million lari. The volume has increased by 6.8% year-on-year and made up 41.3% of total insurance premium.
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| 6. |
AS OF SEPTEMBER 30, PROPERTY INSURANCE PREMIUM INCREASED BY 14.1% Y-O-Y
Business
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Georgian State Service for Insurance Supervision reported that premium, attracted by Georgian insurance companies as of September 30 in property insurance, amounted to 64.77 million lari. The volume has increased by 14.1% year-on-year and made up 15.5% of total insurance premium.
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| 7. |
AS OF SEPTEMBER 30, PREMIUM FROM LAND VEHICLES’ INSURANCE INCREASED BY 15.7% Y-O-Y
Business
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Georgian State Service for Insurance Supervision reported that premium, attracted by Georgian insurance companies as of September 30 from insurance of land transport means (except railway transport), amounted to 64.57 million lari. The volume has increased by 15.7% year-on-year and made up 15.5% of total insurance premium.
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| 8. |
USAID/ZRDA: WITHIN PROGRAM OF GREENHOUSES’ SUBSIDIZING, 2 NEW GREENHOUSES ARE CREATED IN ZUGDIDI MUNICIPALITY
Business
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USAID-funded project “Zrda” reported that within the program of greenhouses’ subsidizing, 2 new greenhouses with total area of 2,200 square m are opened in villages Akhalabastumani and Tsaishi of Zugdidi municipality (Samegrelo region). According to calculations of the project, future income from sale of grown vegetables (cucumbers and tomatoes) will make up 35 lari per square m.
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