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1. “NATIONAL MOVEMENT”: REAL REASON OF PRICE GROWTH ON FUEL, DRUGS AND FOOD IS LARI DEVALUATION
   (Daily News: July 8, 2014)

   Zurab Japaridze, MP from oppositional National Movement, declared that real reason of price growth on fuel, drugs and food is “devaluation of lari, which is intentionally implemented by the government in order to secure fulfillment of budgetary revenue plan”.

   Japaridze pointed that in April 2012, when then oppositional Georgian Dream spoke about monopolies and artificially increased prices on fuel market, these prices ranged within 2.05-2.10 lari, while they make up 2.14-2.32 lari now.

2. Bankebi da Finansebi: “BREAD TO INCREASE IN PRICE”
   (Economic Press Monitor: July 2, 2014)

   Customs benefits, imposed for large importers (having turnover of 200,000 lari and above), are cancelled since July 1. Respondents of the newspaper are sure that cancellation of preferences will cause growth of bread price.

3. Rezonansi: “MAMIA SANADIRADZE: “IDEA-MONGER OF PLUNDERED PROPERTY’S SHARING IS KALADZE””
   (Economic Press Monitor: June 11, 2014)

   Founder of communications company Caucasus Online and head of non-government organization Return Mamia Sanadiradze declares that “After change of the government, businessmen damaged under the previous government have submitted multiple applications to Prosecutor’s Office, but almost no case was completed in their favor during passed 1 year and 8 months”. He insists that “Today, our worst fear comes true, i.e. sharing of plundered property between National Movement and Georgian Dream has started”.

4. “NATIONAL MOVEMENT” POINTS AT REGRESS IN “GEORGIAN RAILWAY”
   (Daily News: June 3, 2014)

   Oppositional National Movement declared that Georgian Railway’s freight traffic target for 2014 makes up 20 million t, which is equal to showing of 2011.

   At that, expected factual performance makes up 15 million t, being equal to showing of 2004, MP Zurab Japaridze has declared at news briefing today.

5. Tabula: “UNDER WHAT CONDITIONS WILL ENTER GEORGIAN AGRICULTURAL PRODUCTS TO RUSSIAN MARKET”
   (Economic Press Monitor: May 30, 2014)

   Zurab Lipartia, head of National Food Agency’s phytosanitary department, declares that about 20 points, where products to be exported to Russia will be accepted, will be ready presumably from June 15.

   At that should be noted refrigerators of 900 and 300 t capacity, located in Gurjaani district (Kakheti region), where peach crop, gathered by Kakheti population, can be stored and prepared for export, the article reports.

6. ATTRACTED PREMIUM OF “ARDI GROUP” INCREASED 3.14 TIMES, REIMBURSEMENTS – 3.66 TIMES IN 2013
   (Daily News: May 29, 2014)

   State Service for Insurance Supervision reported that gross premium (total attracted premium including reinsurance) of insurance company Ardi Group has amounted in 2013 to 15.79 million lari. If compared with the same period of 2012, the volume has increased 3.14 times.

7. Rezonansi: “IN 2 DAYS, LARGE IMPORTERS TO BE MADE GO OUT OF GREENHOUSE”
   (Economic Press Monitor: May 29, 2014)

   After June 1, large and small-scale importers will be subjected to single taxation regime, meaning that they will pay VAT instantly during customs clearance of imported goods.

   Before enforcement of relevant amendments to the Tax Code, large importers (who have paid VAT of at least 200,000 lari during a year), did not pay VAT during customs clearance, and that payment was extended for them for several months, the article reports.

8. NEWLY ELECTED COUNCIL OF “SAKSTAT” HELD FIRST MEETING
   (Daily News: May 28, 2014)

   Sakstat reported that its Council held first meeting with new members on May 27. At the meeting, Council members discussed future strategies and action plans of Sakstat, got information regarding preparatory works and planned measures of 2014 population census, Sakstat said.

9. Tabula: “SERGEENKO: THE MINISTRY DOES NOT PARTICIPATE IN DRUGS’ PRICING”
   (Economic Press Monitor: May 22, 2014)

   Labor, Healthcare and Social Protection Minister David Sergeenko assures that no significant growth of price is noticed on Georgian drugs market.

   As the Minister points, “Healthcare Ministry does not participate in drugs’ pricing”.

10. PROFIT OF “BASISBANK” MADE UP 2.79M LARI IN Q1
    (Daily News: May 15, 2014)

    Basisbank reported profit of 2.79 million lari for the 1^st quarter. If compared with the same period of 2013, the volume has declined by 16.42%.

11. Tabula: ““UNM”: RUSSIA REGAINS ECONOMIC LEVERAGES IN GEORGIA STEP-BY-STEP”
    (Economic Press Monitor: May 8, 2014)

    Former ruling United National Movement (UNM), being now in opposition, criticizes economic policy of the government.

    “Occupant country (Russia) regains economic leverages in Georgia step-by-step, while our country’s economy moves forward only under own inertia”, MP from UNM Zurab Japaridze declares.

12. FISCAL COMMITTEE CHAIRMAN SPEAKS ON REAL ECONOMIC RECOVERY’S START IN GEORGIA, WHILE MINORITY DOES NOT SEE IT
    (Daily News: May 1, 2014)

    Chairman of the Parliament’s Fiscal Committee David Onoprishvili declared that real economic recovery, formation of specific environment and free market has started in Georgia.

    “If we take into account economic growth, which is steadily high since last November, varying within 7-8%, this indicates that stability has been continued for five-six months”, Onoprishvili declared.

13. Commersant.Ge: “ISSUANCE OF BANK GUARANTEES TO COMPANIES, PARTICIPATING IN INFRASTRUCTURAL TENDERS, BEING SIMPLIFIED”
    (Economic Press Monitor: May 1, 2014)

    According to information, published on web site of FM radio Commersant, the government plans to simplify issuance of bank guarantees for companies, participating in infrastructural tenders.

    The information cites president of Georgian Banks’ Association Zurab Gvasalia, who declared on the mentioned at the meeting with banks’ representatives, held recently in Regional Development and Infrastructure Ministry.

14. Commersant.Ge: “WHY THE GOVERNMENT DOES NOT STOP “RMG GOLD” AND WHO STAYS BEHIND THIS COMPANY?”
    (Economic Press Monitor: April 30, 2014)

    Public demands to stop mining works on territory of Sakdrisi, considering this place having archeological importance, while the Prime Minister demanded to stop speculations in connection with Sakdrisi deposit. In its turn, RMG Gold assures that works in Sakdrisi are conducted in full compliance with law.

15. Bankebi da Finansebi: “STATE BANK – WHEN THE ORDER OF THE SUMMANDS DOES NOT AFFECT THE SUM”
    (Economic Press Monitor: April 25, 2014)

    It is known at this stage that “multiple times announced Sovereign Fund will not be established, which establishment process consumed quite significant amounts for consulting service”, the newspaper reports.

    “It is also apparent that state structure, having development profile, will be established after reorganization of Partnership Fund, while it is not defined so far if this structure will be called fund or bank”, the article points.

16. Bankebi da Finansebi: “WHO IS NEW MANAGER OF BATUMI PORT”
    (Economic Press Monitor: April 24, 2014)

    The newspaper reports that Mirian Katamadze will head Batumi port, replacing Irakli Tsivadze on the post of the port’s manager. Tsivadze himself will work on technical issues.

17. Versia: “EUROPEAN ANALOGUE OR BACKWARD STEP TO SOCIALISM – PRESIDENT OF BANKING ASSOCIATION DOES NOT SHARE FEAR OF SCEPTICS”
    (Economic Press Monitor: April 16, 2014)

    Zurab Gvasalia, president of Georgian Banks Association, comments on initiative on state development bank’s establishment, which should be conducted on base of Partnership Fund.

    Gvasalia considers that this is “step forward, as state development bank, in its classic meaning, is not a commercial bank”.

18. REGIONAL DEVELOPMENT AND INFRASTRUCTURE MINISTER: IN 2013, THE MINISTRY HAS IMPLEMENTED PROJECTS BY 130M LARI MORE IN VALUE
    (Daily News: April 11, 2014)

    Minister of Regional Development and Infrastructure David Narmania declared that his ministry has spent almost 800 million lari in 2013.

    While holding today his last briefing as the Minister (he is to resign in order to take part in elections of Tbilisi Mayor as candidate of ruling Georgian Dream coalition), Narmania pointed that volume of projects, implemented last year, exceeds previous year’s showing by 130 million lari.

19. MP ZURAB JAPARIDZE: THERE IS NO GROUND FOR REMOVE OF FINANCIAL MONITORING SERVICE FROM NBG SUBORDINATION
    (Daily News: April 4, 2014)

    Member of the Parliamentary minority Zurab Japaridze declared that there is no ground to remove Financial Monitoring Service from subordination to National Bank of Georgia (NBG).

    While commenting respective legislative amendments, drafted by the Parliamentary majority, Japaridze pointed today that independence of Financial Monitoring Service means independence from executive power, while now there is attempt to subordinate this Service exactly to executive government.

20. Versia: ““TV25” FOUNDER’S SCANDALOUS STATEMENT AND FACTS OF ECONOMIC CRIME, REGARDING WHICH MIKHEIL SAAKASHVILI WILL BE INTERROGATED”
    (Economic Press Monitor: March 26, 2014)

    As it is known, Main Prosecutor’s Office awaits of ex-president Mikheil Saakashvili on March 27, intending to interrogate him as a witness.

    The newspaper reports that, besides such notorious cases as death of ex-premier Zurab Zhvania, seizure of property of late billionaire Badri Patarkatsishvili, attempt to bankrupt bank Cartu, etc., Prosecutor’s Office is interested in situation around broadcasting companies Rustavi-2, Mze and Ajara’s TV25 and LLC Bezeki.

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