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Daily News

January 8, 2020

Previous Issues:  Days: < 26 27 08 09 10 > 

 

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politics

    COMPETITION IS ANNOUNCED ON VACANCY OF NATIONAL COMMUNICATION COMMISSION’S MEMBER

    Georgian government reported that competition was announced today on vacancy of National Communication Commission’s member. Term of office of the Commission member Vakhtang Abashidze expires on April 16, the government noted.


economics

    ANNUAL INFLATION IN LAST DECEMBER MADE UP 7%

    Sakstat reported that annual inflation in December 2019 made up 7%. Monthly inflation (i.e. in comparison with November) made up 0.4%.


    “TBC RESEARCH”: ECONOMIC GROWTH IN 2019 HAS TO MAKE UP 5.2%, IN 2020 – 4.5%

    TBC Research released a forecast, according to which Georgia’s GDP growth in 2019 has to make up 5.2%, at least.

    In 2020, growth rate is expected at the level of 5%, however “considering election related uncertainties, in the baseline scenario we project around 4.5% growth”, TBC Research says.


    IN 2019, NUMBER OF TOURIST VISITS TO GEORGIA INCREASED BY 6.8%

    Georgian National Tourism Administration reported that as of December 27, 2019, there were 5 million tourist visits made to Georgia during a year. If compared with the same period of 2018, the number has increased by 6.8%, the Administration said.


    TARIFFS OF “ENGURHES”, “VARDNILHES” AND “GEORGIAN STATE ELECTROSYSTEM” ARE LOWERED

    Georgian National Energy and Water Supply Regulating Commission reported that electricity generation tariffs of EngurHES and series of VardnilHES hydroelectric stations are lowered.

    Reduction (adjustment) of tariffs is caused by principles of current methodology for tariff calculation, the Commission explained.


    IN 2019, ENVIRONMENTAL SUPERVISION DEPARTMENT REVEALED 1,992 OFFENCES

    Georgian Ministry of Environmental Protection and Agriculture reported that in 2019 its Environmental Supervision Department conducted planned and unplanned inspections of 2,750 regulation-subjected objects. After these inspections, 1,992 offenses were revealed, the Ministry said.


    IN 2019, NATIONAL REGULATING COMMISSION WROTE OFF 2.5M LARI IN FAVOR OF CONSUMERS

    Georgian National Energy and Water Supply Regulating Commission reported that up to 3,500 disputes between consumers and utility companies were considered during 2019.

    As the Commission said, majority of consumers’ complaints was satisfied and over 2.5 million lari were written off within a year from the companies in favor of consumers.


business

    BONDS OF “EVEX HOSPITALS” ADMITTED TO LISTING “B” OF GEORGIAN STOCK EXCHANGE

    Georgian Stock Exchange declared that bonds of JSC Evex Hospitals are admitted since December 27, 2019, to listing of category “B”.

    The company has issued 5-year bonds of 50 million lari (nominal value per bond – 100,000 lari), maturity of which expires on November 6, 2024.


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Dear readers,

We wish you a Happy New Year! Let it be peaceful, prosperous and full of joy for you and your beloved!

We are leaving for holidays and will resume our updates on January 8.

Sincerely,

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