GEORGIAN SIDE HOPES TO START SOON ACTIVE NEGOTIATIONS ON NEW IMF PROGRAM
Within the framework of the annual autumn meeting of the IMF and the World Bank, Georgia’s Finance Minister Lasha Khutsishvili met with the IMF deputy managing director Bo Li, who replaced Tao Zhang on this post. The meeting in a virtual format took place on October 13, reported Georgian Finance Ministry.
GEORGIA DEVELOPED 10-YEAR ECOTOURISM DEVELOPMENT STRATEGY
Georgian Ministry of Economy and Sustainable Development declared about development of a 10-year strategy for development of ecotourism in the country. The document was signed on October 14 by Natia Turnava, Minister of Economy and Sustainable Development, and Levan Davitashvili, Minister of Environment and Agriculture.
“SAKSTAT” STARTED CALCULATION OF FOREIGN TRADE UNIT VALUE INDICES
Sakstat declared about start of calculation of the Foreign Trade (Import-Export) Unit Value Indices.
Georgian statistics service noted that calculation of the indices is envisaged in the action plan for 2021-2023 under the Free Trade Agreement with the EU.
IN 2020, REVENUES OF FINANCIAL SERVICES COMPANIES INCREASED BY 6.4%
Sakstat reported that declared incomes of Georgian companies, engaged in financial services, totaled in 2020 to 5.8 billion lari. If compared with 2019, the volume has increased by 6.4%.
ASSETS OF NON-FINANCIAL CORPORATIONS INCREASED BY 17.8% IN 2020
Referring to conducted research, Sakstat said that assets of Georgian non-financial corporations totaled at the end of 2020 to 94.5 billion lari. If compared with 2019, the volume has increased by 17.8%.
“COCA-COLA BOTTLERS GEORGIA GROUP” FINISHED 2020 WITH LOSS
JSC Coca-Cola Bottlers Georgia Group reported loss of 9.9 million lari for 2020. In 2019, the company had profit of 10.9 million lari.
IN 2020, PROFIT OF “TEGETA MOTORS” INCREASED 2.3 TIMES
LLC Tegeta Motors (car dealer) reported net profit of 16 million lari for 2020. If compared with 2019, the volume has increased 2.3 times.
“TBILISI CENTRAL” FINISHED 2020 WITH LOSS
JSC Tbilisi Central (shopping mall on the territory of Tbilisi railway station) reported loss of 4.1 million lari for 2020. If compared with the results of 2019, a net profit of 2.08 million lari was recorded.