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Daily News

December 5, 2019

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politics

    ENERGY EXCHANGE TO BE HEADED BY FORMER HEAD OF REGULATING COMMISSION

    Energy exchange, founded within reform of Georgian energy market, will be headed by Irina Milorava, Georgia’s Minister of Economy and Sustainable Development Natia Turnava declared today.

    Milorava headed for years Georgian National Energy and Water Supply Regulating Commission (term of her powers expired this year).


economics

    PRIME MINISTER: THOSE PRINCIPLES, WITH WHICH REFORM OF UNIVERSAL HEALTHCARE WAS LAUNCHED, MUST BE CHANGED UNAMBIGUOUSLY

    “Those principles, with which reform of universal healthcare was launched, must be changed unambiguously and it requires development”, Georgia’s Prime Minister Giorgi Gakharia declared.

    “I am interested in healthcare system and universal healthcare within the next 3-5 years, as these are system changes”, the Premier pointed.


    STRATEGY OF SUBSOIL SECTOR DEVELOPMENT IS APPROVED

    At the meeting today, Georgian government approved national strategy of development of subsoil sector.

    “Now, we emphasize processing, along with extraction”, Minister of Economy and Sustainable Development Natia Turnava declared after the meeting.


    STRATEGY OF NATIONAL STATISTICS SYSTEM’S DEVELOPMENT IN 2020-2023 IS PREPARED

    Sakstat presented today first Georgian strategy of national statistics system’s development, which covers period of 2020-2023.

    As Georgian statistics service said, the strategy was developed with assistance of the UN Development Program (UNDP) and Sweden government.


    PRIME MINISTER’S PRESS SPEAKER: OLD REGIME OF MARKING WILL OPERATE FOR SOFT DRINKS

    In respect of issue of soft drinks’ marking, “the agreement is reached that Georgian government will continue to operate in the same regime, which acted until now”, press speaker of Georgian Prime Minister Irakli Chikovani reported today.

    According to Chikovani, the decision is made in response to the appeal of soft drinks producers.


    ECONOMY MINISTER: SMALL AND MEDIUM BUSINESSMEN WILL GOT LICENSES FOR USE OF TECHNICAL WATER

    Georgia’s Minister of Economy and Sustainable Development Natia Turnava declared that “in the next few days, up to 120 small and medium businessmen will receive licenses for use of technical water”. She declared it today, after the government meeting, at which national strategy of development of subsoil sector was approved.


    ECONOMY MINISTER: 6 OBJECTS ARE SOLD WITHIN PROJECT “100 INVESTMENT OFFERS FOR BUSINESS” AND OVER 8M LARI GAINED

    Georgia’s Minister of Economy and Sustainable Development Natia Turnava declared that within the project “100 Investment Offers for Business”, 6 objects with total staring cost of 6.4 million lari are already sold. As a result of auctions, these objects were sold for 8.09 million lari, she reported today.


    DEPUTY ECONOMY MINISTER: WITHIN GEORGIAN-FRENCH DIALOGUE, WE WILL COOPERATE IN 4 PRIORITY DIRECTIONS

    Gennady Arveladze, Georgia’s Deputy Minister of Economy and Sustainable Development, declared that cooperation within Dimitri Amilakhvari Georgian-French Dialogue will include 4 priority directions. Among these directions of cooperation, he named trade and economy.


    ECONOMY MINISTER: IN LAST MONTHS, 11 SMALL AND MEDIUM HYDROELECTRIC STATIONS WERE LAUNCHED

    Georgia’s Minister of Economy and Sustainable Development Natia Turnava reported that in last months, 11 new small and medium hydroelectric stations were launched in the country. “This is investment of over $200 million” and “additional installed capacity of about 100 MW”, she noted.


    MINISTER OF REGIONAL DEVELOPMENT AND INFRASTRUCTURE: TOTAL COST OF ROADS REHABILITATION IN KVEMO KARTLI -EXCEEDS 100M LARI

    “In Kvemo Kartli, we already finished rehabilitation of 28 km of roads, capital repair of 75 km is underway, while we plan for the next year restoration of 25 km”, Georgia’s Minister of Regional Development and Infrastructure Maya Tskitishvili reported.

    According to the Minister, “total cost of these projects exceeds 100 million lari”.


business

    “FITCH” UPGRADED RATING OF “HALYK BANK GEORGIA”, WHILE AFFIRMED OF “BASISBANK”

    Fitch Ratings declared that it increased rating of Halyk Bank Georgia from “BB-” to “BB”. The outlook remains “positive”.


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