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Economic Press Monitor


May 21, 2019

IN THIS ISSUE:

1. WHAT CHRISTINE LAGARDE TOLD TO US
2. UNPROFITABLE BUSINESS OF THE GOVERNMENT
3. NDI: 90% OF POPULATION DID NOT USE VISA LIBERALIZATION
4. NDI: 59% OF POPULATION CONSIDER THAT GEORGIA IS NOT READY FOR THE EU MEMBERSHIP

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1. WHAT CHRISTINE LAGARDE TOLD TO US
Economic & Politics

Among factors, essential for ensuring high growth rate in Georgia in medium-term period, IMF managing director Christine Lagarde names labor productivity and creation of quality jobs, the magazine writes.

“In Georgia, the forecast of medium-term GDP growth makes up 5.2%.

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2. UNPROFITABLE BUSINESS OF THE GOVERNMENT
Macroeconomics & Budget

Referring to fiscal risk analysis of Georgia’s budget-2019, the magazine points that state companies had losses of 562 million lari in 2017.

Whereas, for example, in 2012, turnover of Georgian state enterprises made up 2 billion lari, while their net profit – 151 million lari, the magazine reports and notes: since 2013, profit was replaced by losses.

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3. NDI: 90% OF POPULATION DID NOT USE VISA LIBERALIZATION
Economic & Politics

Answering the question “Whether You traveled to any country of the so-called European Schengen area after enactment of visa-free regime with the EU, after summer of 2017?”, asked within the new survey of National-Democratic Institute (NDI), 90% of Georgian respondents say that you did not travel, Tabula reports. 5% answered that they traveled once, while 3% had traveled several times.

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4. NDI: 59% OF POPULATION CONSIDER THAT GEORGIA IS NOT READY FOR THE EU MEMBERSHIP
Economic & Politics

According to a new survey of National-Democratic Institute (NDI), 59% of Georgian population consider that their country is not ready for the EU membership, Tabula reports. 27% consider that the country is ready, while 14% do not know.

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