Economic Press Monitor

March 2, 2015

IN THIS ISSUE:

1.	“KADAGIDZE LIED…” – WHO “PLAYS” WITH LARI

2.	THE WAY FROM 1.7 TO 2.16 – IN SEARCH OF THE WAY OUT

3.	EMZAR JGERENAIA: IT WILL NOT BE THE NEW POINT OF BALANCE, BUT VOLATILITY WILL NOT BE SUCH PAINFUL, AS UNTIL NOW

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1.	“KADAGIDZE LIED…” – WHO “PLAYS” WITH LARI Macroeconomics & Budget

Drop of lari exchange rate is commented by expert Mikhail Dundua, former vice-president of National Bank of Georgia (NBG) Merab Kakulia and Deputy Minister of Regional Development and Infrastructure, ex-president of NBG Nodar Javakhishvili.

According to Dundua, president of NBG Giorgi “Kadagidze lied when said that he provided enough dollars to economy”.

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2.	THE WAY FROM 1.7 TO 2.16 – IN SEARCH OF THE WAY OUT Macroeconomics & Budget

The magazine reviews chronology of lari rate drop (from 1.7 GEL/USD to 2.16 GEL/USD) and considers its reasons and results. Devaluation already caused damage to economy of Georgia and to social and economic opportunities of population, the author of article notes.

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