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Daily News


February 9, 2024

IN THIS ISSUE:

1. IN 2023, NUMBER OF PENSIONERS IN GEORGIA INCREASED BY 3.7%
2. IN 2023, NUMBER OF SOCIAL PACKAGE RECIPIENTS IN GEORGIA INCREASED BY 2%
3. IN 2023, NUMBER OF TRAVELS ABROAD BY GEORGIAN RESIDENT TRAVELERS INCREASED BY 31.6%
4. IN 2023, GEORGIAN WINE EXPORT IN MONETARY EXPRESSION INCREASED BY 3%, IN NATURAL EXPRESSION – DECREASED BY 12%
5. GEORGIAN PARLIAMENT APPROVED NEW PRIME MINISTER AND CABINET
6. SWEDISH TAX AUTHORITY TO PROVIDE TECHNICAL ASSISTANCE TO GEORGIAN REVENUE SERVICE
7. GEORGIAN GOVERNMENT: WITH SUPPORT FROM WORLD BANK, STRATEGY AND ACTION PLAN FOR GREEN GROWTH TO BE PREPARED
8. REGULATORY COMMISSION: “GWP” WILL REPAY INCORRECTLY CHARGED 6M LARI TO CONSUMERS

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1. IN 2023, NUMBER OF PENSIONERS IN GEORGIA INCREASED BY 3.7%
Society

In 2023, number of pensioners in Georgia amounted to 838,100, increasing by 3.7% year-on-year, Sakstat reported. In total number, women accounted for 71.1% (against of 71.3% in 2022).

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2. IN 2023, NUMBER OF SOCIAL PACKAGE RECIPIENTS IN GEORGIA INCREASED BY 2%
Society

In 2023, number of recipients of a social package in Georgia totaled to 181,900, increasing by 2% year-on-year, Sakstat reported. In total number, women accounted for 32.9% (against of 33.3% in 2022).

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3. IN 2023, NUMBER OF TRAVELS ABROAD BY GEORGIAN RESIDENT TRAVELERS INCREASED BY 31.6%
Economics

In 2023, Georgian resident travelers (a person of any age, who moves between geographical locations for any duration and purpose) made 2.8 million trips abroad, Sakstat reported. If compared to 2022, the number has increased by 31.6%.

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4. IN 2023, GEORGIAN WINE EXPORT IN MONETARY EXPRESSION INCREASED BY 3%, IN NATURAL EXPRESSION – DECREASED BY 12%
Economics

In 2023, Georgia exported wine of $259 million to 66 countries, Georgian National Wine Agency reported, indicating that the volume has increase by 3% compared to 2022.

In natural expression, wine export made up 89.5 million l, reducing by 12% year-on-year.

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5. GEORGIAN PARLIAMENT APPROVED NEW PRIME MINISTER AND CABINET
Politics

On February 8, Georgian Parliament passed a vote of confidence in the new composition of the government, led by Prime Minister Irakli Kobakhidze (84 votes pro, 10 votes against), as well as in the government program “For Building of a European State”. After the Premier’s order on ministers’ appointment, the Cabinet officially took office today.

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6. SWEDISH TAX AUTHORITY TO PROVIDE TECHNICAL ASSISTANCE TO GEORGIAN REVENUE SERVICE
Economics

Today, Swedish Tax Agency and Georgian Revenue Service signed in Tbilisi a technical assistance agreement.

The project, which is funded by the Swedish International Development Cooperation Agency (SIDA), is calculated for 2024-2027, the Revenue Service reported.

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7. GEORGIAN GOVERNMENT: WITH SUPPORT FROM WORLD BANK, STRATEGY AND ACTION PLAN FOR GREEN GROWTH TO BE PREPARED
Economics

During 2024, strategy and action plan for green growth will be prepared with support of the World Bank, indicates the government program “For Building of a European State” (submitted to Georgian Parliament together with the updated composition of the country’s Cabinet).

In 2024, a pilot project on green hydrogen will be implemented also, which facilitate study of Georgia’s potential in this direction, the government reports.

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8. REGULATORY COMMISSION: “GWP” WILL REPAY INCORRECTLY CHARGED 6M LARI TO CONSUMERS
Business

GWP (Tbilisi water and sewerage company) will repay 6.05 million lari, incorrectly charged for sewerage services, to 11,938 consumers, Georgian National Energy and Water Supply Regulating Commission declared. The Commission made the corresponding decision on February 8 and gave the company 5 months for its fulfillment.

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Exchange Rates (NBG)
  09/13/24 + / -
  USD   2.6984   0.0000
  EUR   2.9939   0.0197
  RUR   2.9708   0.0195
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