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Daily News

March 12, 2019

Previous Issues:  Days: < 07 11 12 13 14 > 

 

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politics

    PRIME MINISTER: INTRODUCTION OF MEDIATION INSTITUTE WILL RELEASE COURTS FROM MINOR LAWSUITS

    “Major part of our citizens considers duration of trial as the major problem in respect of courts, which is caused by overload of courts”, Georgia’s Prime Minister Mamuka Bakhtadze pointed.

    After introduction of institute of mediation, courts will be released from minor lawsuits, the Premier declared at the news briefing before the government meeting today.


    AGRARIAN COMMITTEE’S INITIATIVE: NATIONAL AGENCY ON LAND MANAGEMENT HAS TO BE CREATED

    Georgian Parliament’s Committee on Agrarian Issues puts forward an initiative of creation of National Agency on Land Management.

    According to the Committee chairman Otar Danelia, the Agency will define policy of land management and its functions will scope “starting from rational use of land and finishing with determination of its categories”.


    GEORGIA TO OPEN EMBASSIES IN THE UAE AND VIETNAM

    In the current year, 2 more embassies (in the UAE and Vietnam) will be added to number of Georgian diplomatic missions abroad, Georgia’s Prime Minister Mamuka Bakhtadze declared at the news briefing before the government meeting today.

    “We see special potential in cooperation with Gulf countries, as well as with Asian countries, which economy grows with highest pace”, the Premier noted.


economics

    PRIME MINISTER: FUTURE GOVERNMENTS WILL BE OBLIGED TO INVEST 6% OF GDP IN EDUCATION SECTOR

    The legislative initiative has been drafted, which obliges future governments to invest 6% of GDP in education sector, Georgia’s Prime Minister Mamuka Bakhtadze declared at the news briefing before the government meeting today.

    The Premier reported that budget of education sector increased this year up to 1.6 billion lari and “will considerably grow” in the next 2 years.


    DEPUTY ECONOMY MINISTER: IN NEAR FUTURE, GEORGIA WILL RECEIVE NEW INVESTMENTS OF $2B IN ENERGY SPHERE

    New projects in energy sphere will bring in near future new investments of $2 billion to the country, Georgia’s Deputy Minister of Economy and Sustainable Development Natia Turnava declared.

    According to Turnava, about 50 projects with total installed capacity of 900 MW were presented to the Ministry for the last 6 months only.


    DEPUTY ECONOMY MINISTER: TRANSIT FEE, WHICH “GAZPROM” WILL PAY TO GEORGIA, IS INCREASED

    Georgia’s Deputy Minister of Economy and Sustainable Development Natia Turnava reported that the Ministry has completed negotiations with Russian Gazprom on conditions of Russian gas transit to Armenia via Georgia.

    “Transit fee, which is paid to us, is increased, while price of Russian gas is reduced in case any private business, company becomes interested in this initiative”, Turnava declared to journalists after the government meeting today.


    CHIEF OF REVENUE SERVICE: VOLUME OF SMUGGLED CIGARETTES DID NOT GROW

    Smuggled cigarettes exist in the country, but scale of smuggling is not increased, chief of Georgian Revenue Service Vakhtang Lashkaradze assures. He declared this on air of TV company Maestro and noted that “share of smuggling in the country does not exceed 1-1.5%”.


    ECONOMY MINISTER: KOREA WILL ASSIST US IN SUPPORT OF SME AND STARTUPS

    Korea will assist us in support of small and medium-sized enterprises (SME) and startups, Georgia’s Minister of Economy and Sustainable Development Giorgi Kobulia declared.

    As the Minister explained, Georgia and Korea will sign a memorandum, according to which the Korean side will share experience with Georgian colleagues and will invite Georgian startups to Korea.


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