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Daily News


July 9, 2024

IN THIS ISSUE:

1. EU AMBASSADOR: EU SUSPENDED SUPPORT FOR GEORGIA BY EUROPEAN PEACE FACILITY
2. GRECO CALLS FOR STRONGER OVERSIGHT AND ACCOUNTABILITY IN TOP EXECUTIVE FUNCTIONS AND POLICE OF GEORGIA
3. GEORGIAN GOVERNMENT TO ALLOCATE 104.88M LARI TO MUNICIPALITIES COPING WITH CONSEQUENCES OF NATURAL DISASTER
4. TBILISI MAYOR: SEWERAGE NETWORKS TO BE UPDATED IN DIGOMI VILLAGE AND CHUGURETI DISTRICT
5. TBILISI MAYOR: USE OF PUBLIC TRANSPORT HAS GROWN, ALTHOUGH WE HAVE RESOURCES TO IMPROVE RESULTS
6. TBILISI MAYOR: WE STARTED DAILY WATERING OF CAPITAL STREETS
7. NBG: IN 2023, NUMBER OF DETECTED COUNTERFEIT LARI AND EURO BANKNOTES DECREASED, NUMBER OF DETECTED COUNTERFEIT DOLLAR BANKNOTES INCREASED
8. NBG: IN 2023, REVENUES FROM SALE OF COLLECTIBLE COINS INCREASED, FROM SALE OF NUMISMATIC VALUES – DECREASED

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1. EU AMBASSADOR: EU SUSPENDED SUPPORT FOR GEORGIA BY EUROPEAN PEACE FACILITY
Politics

The EU suspended support for Georgia from the European Peace Facility (EPF) amounting to 30 million EUR for 2024, declared EU ambassador to Georgia Pawel Herczynski. In case of further deterioration of the situation, other measures will be considered as well, he warned.

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2. GRECO CALLS FOR STRONGER OVERSIGHT AND ACCOUNTABILITY IN TOP EXECUTIVE FUNCTIONS AND POLICE OF GEORGIA
Politics

The anti-corruption body of the Council of Europe (GRECO) calls for “stronger oversight and accountability in top executive functions and the police” of Georgia. As the Media Assistance Service of the Council of Europe reported, implementation of the recommendations for Georgia will be assessed by GRECO in 2025.

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3. GEORGIAN GOVERNMENT TO ALLOCATE 104.88M LARI TO MUNICIPALITIES COPING WITH CONSEQUENCES OF NATURAL DISASTER
Economics

Georgian government reported that 104.88 million lari will be allocated to the municipalities to deal with the consequences of natural disasters. The corresponding decree has been already signed by the Prime Minister Irakli Kobakhidze.

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4. TBILISI MAYOR: SEWERAGE NETWORKS TO BE UPDATED IN DIGOMI VILLAGE AND CHUGURETI DISTRICT
Economics

In the coming days, we will resume works on arrangement of sewerage networks in the village of Digomi, Tbilisi Mayor Kakha Kaladze declared at the city government meeting today. These works will be funded from the city budget with 3.7 million lari, he said.

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5. TBILISI MAYOR: USE OF PUBLIC TRANSPORT HAS GROWN, ALTHOUGH WE HAVE RESOURCES TO IMPROVE RESULTS
Economics

According to statistics, use of public transport has increased, although “we have resources to improve results”, Tbilisi Mayor Kakha Kaladze declared at the city government meeting today.

In 2017, when we began working on transport policy, the level of public transport use was reduced, the Mayor said.

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6. TBILISI MAYOR: WE STARTED DAILY WATERING OF CAPITAL STREETS
Economics

Daily watering of the capital streets has begun, Tbilisi Mayor Kakha Kaladze declared at the city government meeting today. Throughout the summer, central and secondary streets will be systematically watered, about 100 streets in total, he said.

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7. NBG: IN 2023, NUMBER OF DETECTED COUNTERFEIT LARI AND EURO BANKNOTES DECREASED, NUMBER OF DETECTED COUNTERFEIT DOLLAR BANKNOTES INCREASED
Economics

In 2023, examination was conducted of 3,440 suspicious lari banknotes, of which 1,258 (37%) turned out to be fake, National Bank of Georgia (NBG) indicates in the annual report. According to NBG, the number of identified false lari banknotes decreased by 58.1% compared to 2022.

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8. NBG: IN 2023, REVENUES FROM SALE OF COLLECTIBLE COINS INCREASED, FROM SALE OF NUMISMATIC VALUES – DECREASED
Economics

In 2023, 37,200 collectible coins and other numismatic items were sold for 10.8 million lari, National Bank of Georgia (NBG) reported.

As NBG specified, revenues from sale of collectible coins have increased 3.8 times compared to 2022.

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Exchange Rates (NBG)
  07/19/24 + / -
  USD   2.6953   0.0000
  EUR   2.9476   0.0000
  RUR   3.0614   0.0000
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