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Daily News

September 14, 2023

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politics

    GEORGIA’S COMMISSION ON EUROPEAN INTEGRATION ADOPTED ACTION PLAN ON DE-OLIGARCHIZATION

    At the meeting today, Georgia’s Commission on Integration into the EU adopted an action plan for so-called de-oligarchization, the Georgian government reported. The plan is developed, following recommendations of the Venice Commission and the EU, the government assures.


economics

    BRITACOM CONFERENCE IN GEORGIA SCOPED IMPROVEMENT OF TAX SYSTEMS

    On September 11-13, Georgia hosted the 4th annual conference on BRITACOM (cooperation of tax administrations within the China’s “Belt and Road” initiative).

    As Georgian Revenue Service reported, the forum has scoped improvement of tax systems’ environment.


    GEORGIAN-CZECH FORUM CONSIDERED PROSPECTS FOR POTENTIAL PARTNERSHIP

    Today, the Georgian-Czech business forum was held in Tbilisi. The event was organized by Georgian Chamber of Commerce and Industry, Czech Republic’s Chamber of Commerce and Czech embassy in Georgia.


    IN Q2, AVERAGE MONTHLY NUMBER OF DOMESTIC VISITORS IN GEORGIA INCREASED BY 13.8% Y-O-Y, WHILE THEIR AVERAGE MONTHLY EXPENSES – BY 11.8%

    In the 2nd quarter, average monthly number of Georgia’s domestic visitors aged 15 years and above made up 1.29 million, reported Sakstat. If compared to the corresponding period of 2022, the number has increased by 13.8%.


business

    3 COMPANIES ACCOUNTED FOR 51% OF ACCIDENT INSURANCE PREMIUM, ATTRACTED IN GEORGIA DURING 6 MONTHS

    In total accident insurance premium, attracted in Georgia during 6 months of this year (7.96 million lari), 3 companies accounted for 51%, or 4.06 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 74% OF OBLIGATIONS EXECUTION INSURANCE PREMIUM, ATTRACTED IN GEORGIA DURING 6 MONTHS

    In total obligations execution insurance premium, attracted in Georgia during 6 months of this year (6.42 million lari), 3 companies accounted for 74%, or 4.77 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 64.7% OF TRAVEL INSURANCE PREMIUM, ATTRACTED IN GEORGIA DURING 6 MONTHS

    In total travel insurance premium, attracted in Georgia during 6 months of this year (5.07 million lari), 3 companies accounted for 64.7%, or 3.28 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 80% OF FINANCIAL LOSS INSURANCE PREMIUM, ATTRACTED IN GEORGIA DURING 6 MONTHS

    In total financial loss insurance premium, attracted in Georgia during 6 months of this year (4.77 million lari), 3 companies accounted for 80%, or 3.8 million lari, Georgian State Service for Insurance Supervision reported. If compared to the same period of 2022, there are changes within the top three.


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