Daily News March 20, 2020	Days:  18 19 20 23 24

politics

PRIME MINISTER: THERE IS NO NEED OF STATE OF EMERGENCY ANNOUNCEMENT AS OF TODAY

Georgia’s Prime Minister Giorgi Gakharia declared that as of today, “there is necessity” of announcement of state of emergency in the country because of coronavirus pandemic.

Possibility of announcement of state of emergency was discussed at the meeting of National Security Council, held in the evening on March 19.

economics

GEORGIA FULLY TERMINATES AIR COMMUNICATION

Due to coronavirus pandemic, air communication of the country will be completely stopped starting from March 1, administration of Georgian government reported. Respective decision was made at the regular meeting of the government’s interdepartmental coordination council today.




IN GEORGIA, RETAIL TRADE OBJECTS ARE CLOSED

Since March 20, all retail trade objects are closed in scales of Georgia. Functioning will continue only grocery stores, drugstores, networks of postal deliveries, petrol filling stations and banking service-centers, as well as catering objects, delivering production to customers, and open agricultural markets.




PRIME MINISTER: IN FIGHT AGAINST CORONAVIRUS, CONCENTRATION IS CARRIED OUT IN 4 DIRECTIONS

Georgia’s Prime Minister Giorgi Gakharia declared that in fight against coronavirus, concentration is carried out in 4 directions. He said this after the meeting of National Security Council, held in the evening on March 19.




DEPUTY PREMIER: WE WILL PRESENT SOON PACKAGE OF MEASURES FOR MINIMIZATION OF PANDEMIC-CAUSED ECONOMIC DAMAGE AND FOR PROMOTION OF ECONOMIC

Georgia’s Deputy Prime Minister and Minister of Regional Development and Infrastructure Maya Tskitishvili declared that economic team of the Georgian government aims to diminish damage, caused by coronavirus pandemic, and to define incentive measures for economy.

According to the Deputy Premier, the package of respective “targeted, direct and concrete” activities will be presented soon, being “aimed directly to assistance to those sectors, which were damaged because of this reality”.




IN 2019, GDP GROWTH MADE UP 5.1%

Sakstat released estimation, according to which Georgia’s GDP in 2019 amounted in current prices to 50 billion lari, exceeding thus indicator of 2018 by 12.1%.

Real GDP growth made up 5.1%, percentage change of deflator – 6.6%.




IN 2019, GDP PER CAPITA IN DOLLARS INCREASED BY 0.9%, IN LARI – BY 12.9%

Sakstat released estimation, according to which Georgia’s GDP per capita amounted in 2019 to $4,722, increasing in comparison with 2018 ($4,722) by 0.9%.

In national currency, GDP made up 13,428 lari, increasing in comparison with 2018 (11,968 lari) by 12.9%.

business

“FITCH” RATED BONDS OF “TBC LEASING” AS “BB-”

Fitch Ratings declared about assignment of rating “BB-” to secured bonds of TBC Leasing. TBC Leasing issued bonds of 70 million lari.