Daily News

IN THIS ISSUE:

Today, European Commission President Jose Manuel Barroso met with Georgia’s Prime Minister Irakli Garibashvili in Tbilisi.

As Georgian government said, the sides have discussed reforms that should be conducted after signing of Association Agreement and prospects of visa-free regime introduction for Georgians, travelling to Europe.

Wilhelm Molterer, vice-president of EIB (European Investment Bank), signed the project agreement today with Archil Tsabutashvili, director general of United Water Supply Company of Georgia, and Giorgi Somkhishvili, executive director of Municipal Development Fund of Georgia, envisaging refurbishment and upgrading of municipal water facilities in Georgia.

Within the agreement, which signing ceremony took place within EU-Georgia investment conference in Tbilisi, EIB allots loan of 40 million EUR, aiming maintenance continuity of the water supply, reduction of water leakages in the water supply system and improvement of water quality in 28 cities of Georgia during 5 years.

According to Finance Ministry’s report on the budget performance in the 1^st quarter, factual revenues of consolidated budget made up 1.83 billion lari. Considering that target for revenues amounted to 1.84 billion lari, fulfillment made up 99%, the Ministry said.

This month, Black Sea Trade and Development Bank (BSTDB) celebrates 15^th anniversary of start of operations. Sarke offers exclusive interview with BSTDB president Andrey Kondakov.

Agriculture Ministry reported that National Food Agency opened in Ambrolauri regional office for Racha-Lechkhumi – Kvemo Svaneti region.

The office is constructed with financial support of Swedish International Development Agency (SIDA), the Ministry said.

Election in local self-governments will be held in Georgia on June 15. In this connection, Sarke offers major political parties’ pre-election promises, focusing on economic issues.

Economy and Sustainable Development Ministry declared that United Trade Unions have handed over to the state its 3 buildings in Tskneti and 6 ones at Tbilisi Sea. During the years, these buildings accommodate families, expelled from occupied territories of the country.

Within Germany-Georgia business-forum, held recently in Berlin, Georgian Ministry of Economy and Sustainable Development signed an agreement with HeidelbergCement.

As the company declared, it plans to invest $100 million in Georgia during next 5 years.

While visiting medical company New Hospitals today, Prime Minister Irakli Garibashvili declared that “this will be leading clinics in the region”. He pointed that the company starts expansion, which aims tripling of existing capacity.

Analysis and Consulting Team (ACT) declared that 50% of Tbilisi residents never buy ready food. Based of results of conducted survey, the company said that 15% buy such products 2-3 times a week, 9% – once a week, 8% – 2-3 times a month, while 5% buy daily.