Daily News September 12, 2023	Days:  08 11 12 13 14

economics

NBG: IN AUGUST, INFLATIONARY EXPECTATIONS OF ECONOMIC ACTIVITY PARTICIPANTS DECREASED COMPARED TO JULY

In August, inflationary expectations of Georgian economic activity participants have decreased compared to July, National Bank of Georgia (NBG) reported.

Referring to conducted survey, NBG specified that number of respondents who expect prices to rise above 8% during the next 1 year has decreased.




GEORGIAN COMMUNICATION COMMISSION: GEORGIA’S JOIN TO EU SINGLE ROAMING SPACE WILL ESSENTIALLY CUT SUBSCRIBERS’ COSTS

Georgia’s join to the EU common roaming area (Roam Like at Home, RLAH), costs of Georgian subscribers for mobile services will be substantially cut, Georgian National Communication Commission declared.

According to the Commission, this conclusion is based on the results of an economic impact analysis.




GEORGIAN MINISTRY OF ENVIRONMENT PROTECTION AND AGRICULTURE TO PARTNER WITH GRANT COMPETITION OF “BIODIVERSA+”

Georgian Ministry of Environment Protection and Agriculture declared that it will be among partners and co-funders of grant competition of the European Biodiversity Partnership (Biodiversa+). Acceptance of applications for the grant competition has already started.

business

3 COMPANIES ACCOUNTED FOR 58% OF LAND VEHICLE INSURANCE PREMIUM, ATTRACTED IN GEORGIA DURING 6 MONTHS

In total land transport insurance premium (except railway), attracted in Georgia during 6 months of this year (102.6 million lari), 3 companies accounted for 58%, or 60.3 million lari, Georgian State Service for Insurance Supervision reported. If compared to the same period of 2022, the top three did not changed.




3 COMPANIES ACCOUNTED FOR 76% OF PROPERTY INSURANCE PREMIUM, ATTRACTED IN GEORGIA DURING 6 MONTHS

In total property insurance premium, attracted in Georgia during 6 months of this year (65.9 million lari), 3 companies accounted for 76%, or 49.8 million lari, Georgian State Service for Insurance Supervision reported. If compared to the same period of 2022, there are changes within the top three.




3 COMPANIES ACCOUNTED FOR 78% OF LIABILITY INSURANCE PREMIUM, ATTRACTED IN GEORGIA DURING 6 MONTHS

In total liability insurance premium, attracted in Georgia during 6 months of this year (14.5 million lari), 3 companies accounted for 78%, or 11.2 million lari, Georgian State Service for Insurance Supervision reported. If compared to the same period of 2022, the top three did not changed.




3 COMPANIES ACCOUNTED FOR 75% OF CARGO INSURANCE PREMIUM, ATTRACTED IN GEORGIA DURING 6 MONTHS

In total cargo insurance premium, attracted in Georgia during 6 months of this year (6.78 million lari), 3 companies accounted for 75%, or 5.1 million lari, Georgian State Service for Insurance Supervision reported. If compared to the same period of 2022, there are changes within the top three.

society

GEORGIA YOUNG LAWYERS ASSOCIATION: STUDY OF CURRENT STATE OF “SHUAKHEVIHES” IS NECESSARY

Georgian Young Lawyers Association calls on Georgian Ministry of Environment Protection and Agriculture, Agency for Technical and Construction Supervision and National Environmental Agency to study the current state of ShuakheviHES.

In this connection, the organization points at the report of TV company Mtavari Arkhi, in which damaged dam of the hydroelectric station was shown and which pointed that its operation is dangerous.