Daily News
February 8, 2018
IN THIS ISSUE:
Full text is not available for the guests. Please, login, if you already have account, or register to get one.
|
|
1. |
NBG: IN 2018, REAL GDP GROWTH WILL BE WITHIN 4.5%
Economics
|
National Bank of Georgia (NBG) forecasted real GDP growth rate within 4.5% in 2018. Positive contribution to GDP growth will have net export, as well as consumption and investments, being caused by foreign influx, improvement of business mood and capital expenses of the state budget, NBG said.
Back to the Headlines
2. |
NBG: IN MEDIUM-TERM PERIOD, INFLATION WILL GRADUALLY DECREASE TO TARGET INDICATOR OF 3%
Economics
|
National Bank of Georgia (NBG) forecasted gradual decrease of inflation in the medium-term period to target indicator of 3%. In particular, inflation in the first half of this year will average within 3.5-4%, while continue decrease in the second half of the year and will stabilized around target indicator of 3%, NBG stated in the annual monetary policy report.
Back to the Headlines
3. |
ECONOMY MINISTRY: IMF POSITIVELY ESTIMATED ECONOMIC SITUATION IN GEORGIA
Economics
|
IMF mission positively estimated economic situation in Georgia, Georgian Ministry of Economy and Sustainable Development reported. Meeting with the mission was held at the Ministry today, where course of IMF program’s implementation and macroeconomic tendencies in the country were considered.
Back to the Headlines
4. |
THE EU ALLOCATED GRANT OF 506,634 EUR TO TBILISI CITY HALL
Economics
|
City Hall of Tbilisi reported that the EU allocated grant of 506,634 EUR to it. The funds are intended for launch of business accelerator in Tbilisi, which should render assistance to startup and small businessmen.
Back to the Headlines
5. |
JAPAN ASSISTS TO 3 GRANT PROJECTS IN GEORGIA
Economics
|
Japanese government within its “Grant Assistance for Grassroots Projects” (GGP) will finance implementation of 3 projects in Georgia, totaling to $575,000. Ceremony of the grant contracts’ signing was held in Tbilisi today.
Back to the Headlines
6. |
WITH ASSISTANCE OF EBRD, TRAINING PROGRAM TO BE CONDUCTED IN AGROTOURISM SECTOR
Economics
|
EBRD launched training program, aiming support of agrotourism development in Georgia. As a pilot area of the program, village of Mukhrani (Mtskheta-Mtianeti region) is selected.
Back to the Headlines
7. |
INVENTORY OF CULTURAL HERITAGE IN TSKALTUBO IS COMPLETED
Economics
|
Georgian National Agency for Cultural Heritage Protection reported completion of full inventory of cultural heritage objects in Tskaltubo (Imereti region). In future, the obtained results will be used in preparation of master plan of land use in the city, the Agency noted.
Back to the Headlines
8. |
RULE OF REPORTING BY MICROFINANCIAL ORGANIZATIONS TO NBG IS APPROVED
Economics
|
President of National Bank of Georgia (NBG) approved rule of reporting by microfinancial organization to NBG (presentation of financial statements and accounting reports). Respectively, similar order of 2006 is recognized as stale.
Back to the Headlines
9. |
IN Q4 OF 2017, PROFIT OF “LIBERTY BANK” INCREASED BY 48.4% Y-O-Y
Business
|
Liberty Bank reported net profit of 52.38 million lari for the 4th quarter of 2017. If compared with the same period of 2016, the volume has increased by 48.4%.
Back to the Headlines
10. |
IN Q4 OF 2017, PROFIT OF “VTB BANK GEORGIA” INCREASED BY 14.35% Y-O-Y
Business
|
VTB Bank Georgia reported net profit of 20.26 million lari for the 4th quarter of 2017. If compared with the same period of 2016, the volume has increased by 14.35%.
Back to the Headlines
|