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Daily News

December 18, 2018

Previous Issues:  Days: < 11 12 13 17 18

 

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politics

    PRIME MINISTER: GEORGIA-SUPPORTING BILL OF THE US CONGRESS IS VERY IMPORTANT AND POWERFUL MESSAGE

    Bipartisan act in support of Georgia, adopted by the US Congress (House of Representatives), is “very important and very powerful message”, Georgia’s Prime Minister Mamuka Bakhtadze declared in Facebook Live.

    In fact, all major challenges of Georgia are presented in the text of the act, the Premier pointed.


economics

    REGULATION ON CREDITING ENTITIES’ REGISTRATION IN NBG IS AMENDED

    National Bank of Georgia (NBG) declared that regulations, which concern registration of credit-issuing entities, are amended. The amendment affected rule of registration and record-keeping in database of credit information bureau.


    PRIME MINISTER: WITH SYSTEM OF RESPONSIBLE CREDITING, IT IS FACTUALLY EXCLUDED APPEARANCE OF MOST PART OF OUR CITIZENS IN THE BLACK LIST AGAIN

    With system of responsible crediting, it is practically excluded that the most part of our citizens appeared in the black list (of debtors) again or the credits, which are in advance doomed to bankruptcy, were still issued anymore, Georgia’s Prime Minister Mamuka Bakhtadze declared in Facebook Live.

    According to the Premier, citizens faced the mentioned problem after 2007, when upper limit for credit interest rate was cancelled.


    ECONOMY MINISTER: DEVELOPMENT OF TOURISM SECTOR EXCEEDED EXPECTATIONS

    Georgia’s Minister of Economy and Sustainable Development Giorgi Kobulia declared that there was expectation of rapid development of tourism sector, but “reality exceeded expectations”.

    The Minister told this to journalists on national tourism award ceremony “Welcome to Georgia 2018”.


    PRIME MINISTER: AS A RESULT OF VAT REFUND, WE WILL RETURN UNTIL END OF THE YEAR 520M LARI IN FAVOR OF ENTERPRISES

    As a result of VAT refund, we will return until end of the year 520 million lari in favor of enterprises, Georgia’s Prime Minister Mamuka Bakhtadze declared in Facebook Live.

    To remind, Bakhtadze has stated on September 6 that 280 million lari were refunded to the private sector since the beginning of the year.


    PRIME MINISTER: LEVEL OF TAXES IN GEORGIA HAS TO DECREASE STEP-BY-STEP EVEN MORE

    “We intend that level of taxes in Georgia decreased step-by-step even more in spite of the fact that we already have low tax burden in the country”, Georgia’s Prime Minister Mamuka Bakhtadze declared in Facebook Live.

    According to the Premier, that should be made in a way, which will allow the country to reach inclusive growth and growth of share of micro, small and medium business in national economy.


society

    ENVIRONMENTAL SUPERVISION DEPARTMENT: 336 FACTS OF ILLEGAL FISHING REVEALED DURING 2018

    Since the beginning of this year, 336 facts of illegal fishing were revealed, Georgian Environmental Supervision Department reported. Of total, 145 facts have signs of criminal offense.


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Exchange Rates (NBG)
  12/18/18 + / -
  USD   2.6655   0.0001
  EUR   3.0352   0.0132
  RUR   3.9895   0.0153
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