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Daily News

July 2, 2018

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economics

    IN Q2, REFINANCING CREDITS INCREASED BY 9.2% Q-O-Q, BUT DECREASED BY 23% Y-O-Y

    National Bank of Georgia reported that 13 refinancing credits (7-day) were issued in the 2nd quarter, totaling to 12.68 billion lari.

    If compared with the 1st quarter (11.61 billion lari), the volume has increased by 9.2%.


    66.4% OF POPULATION IS CONNECTED TO WATER SUPPLY SYSTEM, 48.6% – TO SEWERAGE SYSTEM

    Sakstat reported that as of December 31, 2017, there were 2.48 million people in Georgia (66.4% of population), who use water supply system. If compared with the same indicator of 2016, the number has increased by 8.1%.


    NATIONAL SUBSOIL AGENCY: IN 6 MONTHS, 31.7M LARI IS MOBILIZED IN LOCAL AND CENTRAL BUDGETS

    National Subsoil Agency reported that in 6 months of this year, 51 electronic tenders were announced for deposit extraction.

    During the reporting period, 31.7 million lari is mobilized in local and central budgets, the Agency said.


    SECOND STAGE OF PERIODIC CHECKUP OF MOTOR TRANSPORT BEGAN

    On July 1, the second stage of obligatory periodic checkup of motor transport has started, being applied to cars of state departments and legal entities.

    Obligatory periodic checkup of motor transport is launched in Georgia this year, being introduced stage by stage.


    REHABILITATION OF SAMADLO-TSKNETI-AKHALDABA ROAD IS COMPLETED

    Ministry of Regional Development and Infrastructure reported about completion of rehabilitation of 4-km section of Samadlo-Tskhneti-Akhaldaba motor road. This section was damaged as a result of heavy rain, which caused deadly flood in Tbilisi on June 13, 2015.


    WITHIN ITC PROJECT, RESEARCH OF SMALL AND MEDIUM-SIZED AGROPROCESSING ENTERPRISES IS CONDUCTED IN GEORGIA

    Implementation of project of International Trade Center (ITC, joint agency of the World Trade Organization and the United Nations) in Georgia was started with research of small and medium-sized agroprocessing enterprises, Georgian Ministry of Environmental Protection and Agriculture reported.

    The Ministry noted that this stage of the project was carried out in cooperation with Georgia’s Export Development Association (EDA).


business

    “RMG COPPER” PLANS EXTRACTION OF 26,815 T OF COPPER AND 1,691 KG OF GOLD UNTIL 2041

    National Subsoil Agency reported that RMG Copper plans extraction of 26,815 t of copper and 1,691 kg of gold.

    This volume of minerals is subject to extraction during validity of the license of the company (i.e. until April 16, 2041).


society

    “ACT”: 63% OF TBILISI RESIDENTS CONSIDER THAT LAW “ON TOBACCO CONTROL” WON’T BE ABLE TO REDUCE NUMBER OF SMOKERS

    Referring to conducted survey, Analysis and Consulting Team company (ACT) declared that 63% of Tbilisi residents consider that law “On Tobacco Control” (which was made much more severe in May) will not be able to reduce tobacco consumption. However, 64% positively estimates new regulation (ban on smoking in buildings), the company noted.


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