Economic Press Monitor

IN THIS ISSUE:

Mikhail Gotoshia, chairman of board of Small and Medium Telecom Operators Association, indicates need of settlement of big difference between retail and wholesale tariffs in Georgia.

“Such difference between retail and wholesale tariffs causes essentially hampers the sphere”, Gotoshia declares.

Report of the World Bank (WB) states that “in recent years, Georgia became the competitive tourist destination”, the magazine says.

The WB estimates that the country can enhance income from winter resorts through development of so-called MICE tourism, Wellness and Spa directions.

Construction company Sveti (Pillar, operates since June 2015) declared about impossibility to finish construction of houses on Mirtskhulava Street in Tbilisi.

There are only two floors built, whereas owners had to enter their apartments in December 2017, the article specifies.

Member of Energy Academy Temur Chichinadze considers that “the state can freely achieve reduction of tariffs [on electricity] not through direct intervention, but demanding those obligations”, which the companies have.

As Chichinadze explains, TELASI (energy distributor of Tbilisi) had investment obligations, which it had fulfilled by 2007, after which the tariff had to decrease.

As of February 16, number of Georgian citizens, who tried to travel to the EU, made up 230,944, Tabula reports with reference to Georgian Interior Ministry. At that, 802 citizens were returned from border that makes up 0.34% of total number.