Economic Press Monitor
October 21, 2014
IN THIS ISSUE:
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1. |
GREATE BUDGET TURN
Macroeconomics & Budget
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The article brings data, according to which “9-month budget has gap of 32.2 million lari only”. Experts see one of the reason of it in fulfillment of foreign liabilities’ target.
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2. |
FROZEN MEAT CONQUERED GEORGIAN PRODUCTION
Agriculture & Food
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Georgia’s annual meat consumption makes up 55,000 t, the article reports. Of this volume, more than half is low-quality imported meat, which sometimes is considered as harmful to health, the newspaper says.
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3. |
“CARTU INSURANCE” WILL NO LONGER PARTICIPATE IN AGRO-INSURANCE PROJECT
Companies
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The magazine reports that Cartu Insurance stopped issuing policies in agro-insurance about 3 weeks ago. As the article says, Agriculture Projects Management Agency also confirmed exit of the company from state-subsidized agro-insurance project.
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4. |
SUCH PRICE WAS NEVER PAID TO PEASANTS FOR GRAPES
Agriculture & Food
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Chairman of National Wine Agency Levan Davitashvili says that this year’s grape harvest will exceed last year’s one by 20-30%. At this stage, 58,000 t of Rkatsiteli (white variety), 36,000 t of Saperavi (red variety), 2,000 t of Kakhuri Mtsvane (white variety) and 1,500 t of other varieties are harvested, totaling to 134 million lari in value.
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