Daily News

IN THIS ISSUE:

Finance Minister Nodar Khaduri declared that turnover of VAT-payer enterprises in June has increased by 11%, if compared with the same month of 2013.

Plan of tax revenues is performed by 103% during 6 months of the year, Khaduri said at the meeting of advisory council of the Ministry.

According to Georgia’s regional development program, indicative budget of construction/rehabilitation and maintenance of roads of international and national importance in 2015 amounts to 550 million lari.

For 2016, the budget should be increased to 570 million lari, while for 2017 – to 580 million lari.

According to Georgia’s regional development program, 70 million lari should be allotted for melioration systems’ modernization in 2015.

For 2016, indicative budget of this activity should be increased to 80 million lari, while for 2017 – to 100 million lari.

According to Georgia’s regional development program, in order to support small and medium business in regions with institutional and program initiatives, allotment of 20 million lari is planned annually in 2015-2017. Economy and Sustainable Development Ministry is assigned responsible for implementation.

According to Georgia’s regional development program, study of labor market demand in 2015-2017 should be funded with 200,000 lari annually. Labor, Healthcare and Social Protection Ministry is assigned responsible for implementation.

According to the Prime Minister’s order, state-owned LLC Georgian Airport Association will get 681,999 lari for partial subsidizing of ticket cost on Tbilisi-Mestia-Tbilisi regular flights. The funds will be allotted from Regional Projects Fund.

National Bank of Georgia (NBG) hosts delegation of Kyrgyz central bank, which pays visit to Georgia (July 16-18) in order to study NBG’s reforms and experience.

At the meeting, held today, special attention was paid to automatic system for international reserves’ management and its advantages, NBG reported.

According to National Bank of Georgia, share of Visa in total number of debit cards, being in circulation as of end of June, decreased to 50.32% from 69.41% in the same period of 2013. During a year, number of these cards decreased by 5.38%, to 2.89 million.

According to National Bank of Georgia, number of credit cards in circulation made up 1.48 million as of end of June. If compared with the same period of 2013, the number has increased by 27.4%.

According to Service for Insurance State Supervision, net profit of insurance companies totaled in the 1^st quarter to 3.41 million lari. If compared with the same period of 2013, the volume has decreased by 42.8%.

According to Service for Insurance State Supervision, premium, attracted by insurance companies in the 1^st quarter, totaled to 88.5 million lari. If compared with the same period of 2013, the volume has decreased by 19.88%.

Wissol Group obtained exclusive right to use EKO trademark while sell this Greek fuel in Georgia. Respective agreement was signed in Tbilisi today.