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Economic Press Monitor

June 26 - July 2, 2022

Previous Issues:  Days: < 04 11 18 25 02

 

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economic & politics

    REZONANSI: “PRIME MINISTER SUGGESTS OPPOSITION TO END POLARIZATION AND START WORKING TOGETHER”

    June 27, 2022 - Georgia’s Prime Minister Irakli Garibashvili stated that Georgia was deservedly awarded the European perspective. Regarding assigning the status of a candidate country for EU membership, he said that European leaders promise, “as soon as we fulfill the priorities defined by them, we – Georgia – will be instantly granted the candidate’s status”.


    NETGAZETI.GE: “GARIBASHVILI’S RESIGNATION AND CREATION OF A GOVERNMENT OF NATIONAL ACCORD – KEY DEMANDS OF THE RALLY”

    June 27, 2022 - On June 24, a large-scale rally “Home, to Europe” was held in Tbilisi. Organizers of the rally demanded resignation of Georgia’s Prime Minister Irakli Garibashvili within a week, creation of “a government of national accord that will fulfill 12 EU requirements”, Netgazeti.Ge reports.


macroeconomics & budget

    NETGAZETI.GE: ““PENSION FUND COULD SUFFER LOSS – THE REASON IS INFLATION””

    June 28, 2022 - “Since the beginning of the year and up to date, our profitability makes up 3.1%”, Goga Melikidze, senior investment officer at Georgian Pension Agency said. “However, the main thing is real profitability taking into account inflation” (in May, annual inflation in Georgia made up 13.3%), he noted.


    FORBES GEORGIA: “IN TERMS OF THE GOVERNMENT DEBT, GEORGIA RANKS 122ND IN THE WORLD”

    June 27, 2022 - In terms of the government’s debt in relation to GDP, Georgia ranks 122nd among 189 countries of the world, the magazine reports. According to IMF, debt of the Georgian government at the end of 2021 made up 49.5% of GDP.


conflict and court

    REZONANSI: “UP TO 20 BULLETS HIT HIM... THERE ARE WOUNDED TOO – WHO KILLED A FAMOUS BUSINESSMAN? LATEST DETAILS”

    June 27, 2022 - On June 24, 53-year-old businessman Levan Kacharava was killed in Vake district of Tbilisi. According to the newspaper, up to 20 bullets hit him, and the murderer, was probably the so-called killer.


companies

    REZONANSI: “LARGE PHARMACEUTICAL COMPANIES BECAME INTERESTED IN PRODUCTION OF MEDICINES IN GEORGIA”

    June 28, 2022 - Georgia’s Prime Minister Irakli Garibashvili declared that several investors are interested in starting production of medicines in Georgia. “Many owners of high-tech, very strong factories have contacted the government, and 2 or 3 of them are already in intensive negotiations with the Ministry”, he said.


transport & communications

    BANKEBI DA FINANSEBI: “THIS YEAR, GOODS TRANSPORTATION VIA KAZAKHSTAN-AZERBAIJAN-GEORGIA-TURKEY CORRIDOR WILL INCREASE UP TO 3.5M T, I.E. 6 TIMES”

    June 28, 2022 - On June 27, ministers of foreign affairs and transport of Azerbaijan, Turkey and Kazakhstan met in Baku, the newspaper reports. It is not difficult to assume that the main agenda of the meeting in Baku was development of the Asia-Europe transport corridor bypassing Russia, the article says.


agriculture & food

    BANKEBI DA FINANSEBI: “CHAIRMAN OF GEORGIAN BREAD PRODUCERS UNION – NO INCREASE IN BREAD PRICE IS EXPECTED IN NEAR FUTURE”

    June 28, 2022 - Malkhaz Dolidze, chairman of Georgian Bread Producers Union, declared that no increase in bread price is expected in near future. At that, he pointed that there are no problems now with flour stocks in the country.


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  06/28/22 + / -
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