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Economic Press Monitor

November 1 - 7, 2020

Previous Issues:  Days: < 24 31 07 14 21 > 

 

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economic & politics

    BANKEBI DA FINANSEBI: “PART OF AMENDMENTS TO COMPETITION LAW BECOMES EFFECTIVE SINCE NOVEMBER 4”

    November 6, 2020 - Part of amendments to law “On Competition”, adopted by Georgian Parliament in this September, becomes effective since November 4, the newspaper reports.

    As the article notes, work on legislative amendments was continued with assistance of the EU project during 3 years.


    REZONANSI: “THERE WILL BE NO LOCKDOWN, BUT… IT WILL BE NEVERTHELESS – RESTRICTIONS BECOME TOUGHER DAILY”

    November 6, 2020 - Georgian government assures that there will be no “lockdown” in the country, but restrictions in economy (because of COVID-19) are introduced almost daily, the newspaper points.

    Academician Avto Silagadze declares that restrictions are inevitable, and as a result, “the economy will work in some dose, but in small scale”.


    TABULA: “NGOS: THE GOVERNMENT FAILED TO SECURE HOLDING OF ELECTIONS ACCORDING TO DEMOCRATIC STANDARDS”

    November 6, 2020 - “Georgian government failed to secure holding of elections [parliamentary, October 31] according to democratic standards”, consider 25 non-governmental organizations (NGO) of the country. “The elections were distinguished with poor quality of democracy that will do harm to stable development and international reputation of our country”, they note in the joint statement.


    REZONANSI: “THE MOST DIFFICULT TIMES ARE COMING NOW FOR ECONOMY AND NATIONAL CURRENCY”

    November 3, 2020 - Ramaz Gerliani, president of Economic Transformation Center, indicates that “instead of thinking of investments, strengthening of lari, economic growth and other important measures, entire composition of the government, including its economic range, is engaged in political struggle”. “All these processes, which we see, will cause even bigger damage to economy”, he considers.


    NETGAZETI.GE: “WHY OPPOSITION MUST ENTER INTO THE PARLIAMENT, ACCORDING TO ANALYSTS”

    November 3, 2020 - Georgian opposition does not consider preliminary results of October 31 parliamentary elections as illegitimate. According to these results, ruling Georgian Dream got 48.22% of votes in proportional part of Georgian and won in the 1st round in 14 out of 30 majoritarian districts.


    TABULA: “ALL WESTERN ESTIMATES OF PARLIAMENTARY ELECTIONS OF 2020”

    November 2, 2020 - Georgian parliamentary elections on October 31 “were competitive and, overall, fundamental freedoms were respected”, joint statement of preliminary findings and conclusions of the international observers from the OSCE Office for Democratic Institutions and Human Rights (OSCE/ODIHR) and the Parliamentary Assemblies of the OSCE, Council of Europe and NATO, released on November 1, says.

    However, “the conduct of the elections was impacted by pervasive allegations of pressure on voters and blurring of the line between the ruling party and the state throughout the campaign and on election day, reducing public confidence in some aspects of the process”, the statement specifies.


    REZONANSI: “4.1% ERROR BETWEEN OFFICIAL RESULTS AND RESULTS OF PARALLEL COUNT”

    November 2, 2020 - Referring to results of parallel counting of votes on Georgia’s parliamentary elections on October 31, International Society for Fair Elections and Democracy (ISFED) claims that ruling Georgian Dream got

    45.8%. According to Central Election Commission (CEC), the ruling party won 48%.


    KVIRIS PALITRA: “ELECTIONS EVERY TIME PROVIDED OWN SHARE OF NEGATIVE IMPACT ON STABILITY OF LARI”

    November 2, 2020 - Georgian government assures that signs of economic improvement are already visible. However, the newspaper says that part of economic experts think that the most difficult stage will be in winter and spring.


macroeconomics & budget

    REZONANSI: “IMMEDIATELY AFTER ELECTIONS, LARI DEPRECIATES WITHOUT EVER LOOKING BACK”

    November 6, 2020 - After the parliamentary elections of October 31, Georgian national currency depreciated by 6 tetri, the newspaper says.

    Financier Niki Shengelia indicates that “As it was expected, lari depreciated after the elections”.


    BANKEBI DA FINANSEBI: “ACCORDING TO THE FINANCE MINISTER, ESTIMATED BUDGET OF THE PROGRAM ON POPULATION’S COMMUNAL BILLS SUBSIDIZING MAKES UP TO 300M LARI”

    November 3, 2020 - Georgia’s Finance Minister Ivane Machavariani declared that expected volume of the program on subsidizing of communal bills of the population “will be probably within 250-300 million lari”. “Part of the sum will be consumed in the current year, while the rest part will be reflected in the budget of the next year”, he noted.


ecology & health

    REZONANSI: ““THERE ARE NO RESPIRATORY DEVICES AND VENTILATION SYSTEMS” – WHETHER THERE IS A CRISIS IN HEALTHCARE AND WHY DOCTORS COMPLAIN”

    November 6, 2020 - Amiran Gamkrelidze, director of Georgian National Center for Disease Control and Public Health, declared that “There are 300 hospitals in the country, but we cannot use all of them, as we have no ventilation systems”, as well as elementary oxygen devices.

    At that, number of emergency doctors, infected with COVID-19, increased significantly, the newspaper reports.


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