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Daily News

June 13, 2017

Previous Issues:  Days: < 09 12 13 14 15 > 

 

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economics

    GEORGIA’S DEBT TO KAZAKHSTAN DECREASED BY $2.3M

    Georgian Finance Ministry declared that according to debt restructuring agreement with Kazakhstan, Georgia’s debt to Kazakhstan decreased from $27.77 million to $25.48 million.

    Negotiations on restructuring were held since 2001, while came to the end in 2016, when “Kazakhstan agreed on debt servicing on conditions, favorable to Georgia”, the Ministry noted.


    THE PREMIER DISCUSSED GEORGIAN REFORMS WITH DEPUTY MANAGING DIRECTOR OF IMF AND PRESIDENT OF JICA

    Georgia’s Prime Minister Giorgi Kvirikashvili met today with deputy managing director of IMF Tao Zhang, administration of Georgian government reported.

    The parties discussed the course of new 3-year program of IMF, which “is in full conformity with the government’s 4-point plan of reforms”, the administration said.


    JICA OPENED OFFICIAL REPRESENTATION IN GEORGIA

    Japan International Cooperation Agency (JICA) has opened official representation in Georgia.

    As president of JICA Shinichi Kitaoka declared at the opening ceremony, “region of the Caucasus is very interesting” to JICA.


    GRANT AGREEMENT WITH IFAD IS SUBMITTED TO THE PARLIAMENT FOR RATIFICATION

    Agreement on funding of Agricultural Modernization, Market Access and Resilience project (AMMAR), signed with International Fund for Agriculture Development (IFAD), is submitted to the Parliament for ratification. The document was supported today by the Fiscal Committee.


    KFW-FINANCED PROJECTS DISCUSSED IN THE ENERGY MINISTRY

    Energy Ministry reported about meeting, held with regional director of German reconstruction bank (KfW) Olaf Zymelka. Georgian side was represented by the Minister Kakha Kaladze, managing director of Georgian State Electrosystem Sulkhan Zumburidze and director of Georgian Oil and Gas Corporation David Tvalabeishvili.


    TBILISI CITY HALL: REHABILITATION OF PEKING STREET WILL LAST FOR 3 MONTHS

    Tbilisi City Hall declared about start on June 16 of full rehabilitation of Peking Street. The City Hall pointed that road infrastructure on this street was not repaired during 60 years.


    IN 2016, NUMBER OF SUBSCRIBERS OF BROADCASTING TRANSIT INCREASED BY 2%

    National Communication Commission reported that in the 4th quarter of 2016, number of subscribers of broadcasting transit made up 485,000. If compared with the same period of 2015, the number has increased by 2%, the Commission said.


    IPTV TECHNOLOGY IS STILL MOST OFTEN USED FOR BROADCASTING TRANSIT IN GEORGIA

    National Communication Commission pointed that in 2016, IPTV technology was used most often again for broadcasting transit in Georgia. Namely, subscribers of this technology accounted in the 4th quarter of 2016 for 39.9% of total number (against of 34% in 2015).


business

    TURKISH “BAYKANLAR” PLANS OPENING OF TEXTILE MILL IN AJARA

    Georgian Association of International Investors reported that Turkish company Baykanlar plans opening of textile mill in near future in Ajara, where about 500 locals will be employed. Representative of Baykanlar visited recently the region by invitation of the Association.


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