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Economic Press Monitor


September 19, 2014

IN THIS ISSUE:

1. EXCLUSIVE INTERVIEW WITH NODAR KHADURI
2. DOMESTIC DEBT’S PYRAMID
3. ASSOCIATION AGREEMENT CHANGED NOTHING IN TERMS OF EXPORT SO FAR

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1. EXCLUSIVE INTERVIEW WITH NODAR KHADURI
Economic & Politics

In his interview to the newspaper, Finance Minister Nodar Khaduri reviews amendments to be made in Tax Code. Consideration of the draft will start soon in committees of the Parliament.

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2. DOMESTIC DEBT’S PYRAMID
Macroeconomics & Budget

The government took the biggest domestic debt this year, the newspaper says. In particular, emission of treasury securities of 910 million lari is planned, of which 310 million lari will be used for old debts’ payment.

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3. ASSOCIATION AGREEMENT CHANGED NOTHING IN TERMS OF EXPORT SO FAR
Agriculture & Food

The newspaper says that at this stage, the main problem for Georgian production on European market are technical barriers, such as regulations, standards, geographical indications and certification procedures.

There are many farmers, who cannot meet European standards, receiving expensive certificates and export production on European market, the newspaper points.

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Exchange Rates (NBG)
  05/01/24 + / -
  USD   2.6788   0.0061
  EUR   2.8583   0.0221
  RUR   2.8498   0.0249
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