Daily News July 29, 2024	Days:  25 26 29 30 31

economics

“GALT&TAGGART”: TO MITIGATE LARI FLUCTUATIONS, NBG SOLD $102M IN JUNE

National Bank of Georgia (NBG) sold $102 million in June to mitigate lari fluctuations, Galt&Taggart said in their weekly review.

The review indicates that net purchases of NBG for the first half of the year totaled to $67 million.




IN 2023, GEORGIA’S HOSPITAL BED STOCK DECREASED BY 14.5%

In 2023, there were 243 clinics operating in Georgia, which number has decreased by 26 compared to 2022. As Sakstat reported, the hospital bed stock last year totaled to 15,400, reducing by 14.5%.




GEORGIAN PARLIAMENT’S COMMITTEE ON HEALTHCARE AND SOCIAL ISSUES TO DEVELOP RECOMMENDATIONS ON PERFECTION OF DRG-BASED MODEL OF FINANCING

Georgian Parliament declared that the Committee on Healthcare and Social Issues will develop recommendations for further perfection of the model of financing, based on diagnostically connected groups (DRG).

This model should “accurately meet the challenges, which citizens and clinics in Georgia are facing”, said Zaza Lominadze, chairman of the Committee.




“COLLIERS GEORGIA”: IN FIRST HALF OF THE YEAR, SIZE OF TBILISI MARKET OF RESIDENTIAL APARTMENTS INCREASED BY 5% Y-O-Y

In the first half of the year, size of Tbilisi market of residential apartments amounted to $1.3 billion, reported Colliers Georgia. If compared to the same period of 2023, the volume has increased by 5%.




“COLLIERS GEORGIA”: IN FIRST HALF OF THE YEAR, SIZE OF BATUMI MARKET OF RESIDENTIAL APARTMENTS DECREASED BY 11% Y-O-Y

In the first half of the year, size of Batumi market of residential apartments amounted to $350 million, reported Colliers Georgia. If compared to the same period of 2023, the volume has decreased by 11%.




IN 2023, REVENUES OF GEORGIA’S MARKETS INCREASED BY 3.6%

In 2023, revenues of the country’s markets totaled to 176.9 million lari, Sakstat reported. If compared to 2023, the volume has increased by 3.6%.




NBG HOSTED INTERNATIONAL SEMINAR ON MACROECONOMIC ANALYSIS HELD BY IMF

The IMF held an international seminar on “Macroeconomic Analysis/Financial Programming and Policy (FPP)” in Tbilisi in partnership with National Bank of Georgia (NBG) and Georgian Finance Ministry.

According to NBG, the seminar aimed to develop civil servants’ capacities in macroeconomic analysis and forecasting.

business

EBRD PURCHASED “GGU” EUROBONDS OF $40M

EBRD declared about purchase of green Eurobonds, issued by Georgia Global Utilities (GGU), totaling to $40 million.

The emission by GGU totals to $300 million.