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Daily News

September 8, 2021

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economics

    IN Q2, FDI IN GEORGIA DECREASED BY 2.6% Y-O-Y

    Sakstat reported that foreign direct investments (FDI), made in Georgia in the 2nd quarter, totaled to $234.2 million. If compared with the same quarter of 2020, the volume has decreased by 2.6%.


    TBILISI MAYOR: OVER THE PAST YEARS, TUITION FEE WAS PAID FOR UP TO 5,000 STUDENTS WITHIN THE FRAMEWORK OF PROGRAM ON ASSISTANCE TO SOCIALLY UNPROTECTED STUDENTS

    Tbilisi Mayor Kakha Kaladze declared that in the past years, under the program on assistance to socially unprotected students, tuition fee was paid for up to 5,000 students. This year, the program was amended, he said at the city government meeting today.


    TBILISI MAYOR: WITHIN THE PROJECT OF RESIDENTIAL AREAS’ LEGALIZATION, OVER 2,000 FAMILIES WERE SECURED WITH APARTMENTS

    Tbilisi Mayor Kakha Kaladze declared that within the framework of the project of residential areas’ legalization, the municipality has provided apartments to more than 2,000 families. Residential areas are handed over to citizens for symbolic price of 1 lari.


    THIS YEAR, PROJECTED VOLUME OF HAZELNUT HARVEST IN GEORGIA MAKES UP 65,000-70,000 T

    Giorgi Khanishvili, Georgia’s Deputy Minister of Environmental Protection and Agriculture, declared that projected volume of this year’s hazelnut harvest makes up 65,000-70,000 t. That is potential of an export, amounting to $150 million, he noted.


business

    OUTLET VILLAGE TO BE BUILT IN TBILISI

    Construction of Outlet Village, the first one in the region, has started in Lilo district of Tbilisi. Georgian Outlet & Resort Group plans completion of the 1st phase of the project in 2022.


society

    “TI GEORGIA”: MAJORITY OF PUBLIC BELIEVES THAT HIGH-LEVEL CORRUPTION IS COMMON IN GEORGIA

    TI Georgia, Georgian branch of Transparency International, reported that 56% of surveyed think that it is common or very common for public officials in Georgia to abuse their position. Only 18% believe that such violations are not common, while 25% refrained from giving an answer.


    “TI GEORGIA”: THE CHURCH AND RELIGIOUS INSTITUTIONS ENJOY THE HIGHEST TRUST

    TI Georgia, Georgian branch of Transparency International, reported that the church and religious organizations enjoy confidence of 63% of surveyed in Georgia. Teachers enjoy confidence of 61%, doctors – 54%, while police – 43% and local governments – 39%.


    “SAVE THE CHILDREN”: ACCORDING TO INDEX OF EDUCATION ACCESS RISK, GEORGIA IS AMONG 100 MOST VULNERABLE COUNTRIES OF THE WORLD

    A new report, prepared by the international non-governmental organization Save the Children, places Georgia among 100 most vulnerable countries of the world according to the index of education access risk.

    According to various data, every 6th child of school age in Georgia does not have access to internet, the organization says, pointing that closure of schools and transition to online education, caused by COVID-19, had particularly heavy impact on children from low-income families, living in rural areas, especially in mountainous ones.


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