Daily News

IN THIS ISSUE:

According to Sakstat’s estimation, GDP amounted in the 2^nd quarter to 7.175 billion lari in current prices. If compared with the same period of 2013, real GDP growth made up 5.2%.

Ajara Ministry of Finance and Economy reported that Supreme Council of autonomous republic adopted resolution on fulfillment of 6-month budget today.

In the reporting period, budget of Ajara is mastered by 115.9% (the plan – 60.26 million lari), the Ministry said and added that revenues are increased by 2.08 million lari.

Next mission of IMF, led by Mark Griffiths, has studying now environment in Georgia.

Today, Georgia’s Prime Minister Irakli Garibashvili met members of the mission and permanent representative of IMF in Georgia Azim Sadikov.

Representatives of European Investment Bank (EIB), being with visit in Georgia, met Tbilisi Mayor David Narmania and Minister of Regional Development and Infrastructure David Shavliashvili.

“After signing Association Agreement with the EU, EIB has desire to deepen cooperation with Georgia”, representative of EIB Philippe Szymczak said, adding: “The bank offers Tbilisi City Hall a pack of long-term financing for municipal and infrastructure projects”.

Georgia’s Energy Minister Kakha Kaladze, being with official visit in Turkey, met his Turkish counterpart Taner Yildiz.

As Georgian Energy Ministry said, the sides discussed strengthening of cooperation in energy sector, enhancement of cross-border trade and construction of new connecting infrastructure.

According to Rosaviatsia, Russian federal agency for air transport, regular flights between Moscow and Tbilisi have been resumed.

Namely, web site of Rosaviatsia said yesterday that according to Georgia’s Foreign Ministry, regular flights on route Moscow-Tbilisi-Moscow resumed from September 15, 2014.

The Prime Minister of Georgia Irakli Garibashvili assured that “This year’s rtveli (vintage) will be better than last year’s one”.

Today, Garibashvili has visited Kakheti (main winemaking region of Georgia), where he acquainted with course of vintage, visiting vintage coordinating headquarters in Gurjaani and state-owned wine factory Gruzvinprom.

According to the government’s decree, LLC Wine Laboratory will be handed over to Agricultural Scientific Research Center. The matter concerns free assignation of management right for 100% of state-owned property.

The US embassy in Georgia spread a statement today, reporting that Georgian American Alloys company has invested $5 million in introduction of new technology in Zestaponi Ferroalloy Plant.

„A true example of the US-Georgia trade ties, Georgian American Alloys mines Georgian manganese in Chiatura, processes it in Zestaponi, and ships it to the US, where it is forged into steel”, said embassy in a statement.

JSC Georgian Railway declared about add of 600,000 t of methanol to its transit freight traffic volume. The company did not report about origin and destination of the freight, saying only that first lot of 5,000 t has already entered Georgian territory from Azerbaijan.

Energy Ministry announced bidding on feasibility study, construction, ownership and operation of MarelisiHES, which must be built on river Bzholi in Imereti region.

Installed capacity of hydroelectric station makes up 4.6 MW, annual output – 19.7 million KWh, while estimated cost – $7.8 million.

According to State Insurance Supervision Service, Aldagi BCI attracted premium of 51.6 million lari in the 2^nd quarter, occupying in this term the 1^st position among Georgian insurance companies. However, this showing has decreased by 16.53% year-on-year.

According to State Insurance Supervision Service, GPI Holding (GPIH) attracted in the 2^nd quarter premium of 45.9 million lari, occupying in this term the 2^nd position. If compared with the same period of 2013, this volume has increased by 0.88%.