Economic Press Monitor
December 13, 2018
IN THIS ISSUE:
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| 1. |
GEORGIA: THE 6TH PLACE IN THE DOING BUSINESS RATING
Economic & Politics
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In the latest Doing Business rating of the World Bank, Georgia occupies the 6th place (against the 9th one in the previous rating). Georgia is outstripped only by New Zealand, Singapore, Denmark, Hong Kong and South Korea.
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| 2. |
FROM MKHEDRIONI TO BUSINESS – IMPRESSIVE BUSINESS INDUSTRY OF GIORGI RAMISHVILI (ZARALA)
Companies
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Giorgi Ramishvili, aka “Zarala”, started activity in 1990-es, when he was member of paramilitary organization Mkhedrioni and criminal group Vera Brotherhood, the newspaper says. After National Movement came to power, Ramishvili was arrested in 2005, but then released “in exchange for unknown sum”, the article reports, noting that his successful business activity begins after this.
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| 3. |
ANAKLIA PORT – THE ONLY WAY OUT OF THE LOGISTIC CRISIS
Transport & Communications
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Currently, because of lack of deep-water port, Georgia cannot receive 75% of container vessels, sailing in the Black Sea, the newspaper says. This problem has to be solved by deep-water port Anaklia, the 1st phase of which construction is planned to finish at the end of 2020.
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| 4. |
THE PARLIAMENT FAILED TO VOTE THE DRAFT BUDGET-2019 – THE REASON WAS LACK OF QUORUM
Macroeconomics & Budget
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Voting draft of Georgia’s state budget-2019 in the Parliament failed because of lack of quorum, Tabula reports. As the article specifies, 67 MPs passed registration for voting, while at least 76 was necessary.
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