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Economic Press Monitor


December 9, 2016

IN THIS ISSUE:

1. GOTSIRIDZE: THE GOVERNMENT HAS ALREADY TAKEN ILLEGALLY 170M LARI AS DOMESTIC DEBT
2. GLONTI: IRAKLI RUKHADZE WANTS TO BUY RADIO “MAESTRO”, HE IS STEWARD OF AUTHORITY
3. TEMUR CHKONIA ON THE COUNTRY’S ECONOMY, BUSINESS ENVIRONMENT AND REORGANIZATION OF “COCA COLA”

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1. GOTSIRIDZE: THE GOVERNMENT HAS ALREADY TAKEN ILLEGALLY 170M LARI AS DOMESTIC DEBT
Macroeconomics & Budget

Ex-president of National Bank of Georgia and member of United National Movement Roman Gotsiridze points that the government has taken again internal debt of 30 million lari from commercial banks. “Today, the government has exceeded the limit of 200 million, envisaged by law, by 170 million lari”, he states.

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2. GLONTI: IRAKLI RUKHADZE WANTS TO BUY RADIO “MAESTRO”, HE IS STEWARD OF AUTHORITY
Companies

The magazine reports that tax service conducts audit in FM radio Maestro since November, which had to be completed on December 23, but the deadline has been delayed.

Radio Maestro’s director and controlling stake’s owner Mamuka Glonti connects the mentioned tax audit with the government’s intention to take control over media market.

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3. TEMUR CHKONIA ON THE COUNTRY’S ECONOMY, BUSINESS ENVIRONMENT AND REORGANIZATION OF “COCA COLA”
Companies

In his interview with the newspaper, businessman Temur Chkonia states that his company, Coca-Cola Bottlers Georgia “has included several companies, but now we want to separate them, all will be independent”. For that end, the company will be reorganized into JSC instead of LLC, he says.

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