Economic Press Monitor
February 24, 2017
IN THIS ISSUE:
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| 1. |
OUT OF TOTAL 27,000 LOANS, 1,525 ONES ARE CONVERTED TO LARI
Finances & Banking
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Out of 27,000 mortgage loans, taken by private individuals before 2015, 1,525 ones have been converted to lari by now. Total portfolio of loans, eligible for larization, amounts to $18.5 million, of which 5.6% are converted within the governmental program, subsidized with 65 million lari, the newspaper reports.
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| 2. |
“UNM” DEMANDS ESTABLISHMENT OF INVESTIGATIVE COMMISSION ON CONTRACT, SIGNED WITH “GAZPROM”
Energy, Oil & Gas
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United National Movement (UNM) demands establishment of the Parliament’s investigative commission on the contract, signed by Georgia with Russian Gazprom. The contract envisages receiving of gas transit fee payment in cash from 2018 instead of receiving 10% of transited volume.
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| 3. |
“KHUDONHES” PROJECT STOPPED FOR 2 YEARS AT LEAST
Energy, Oil & Gas
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According to the latest statement of Energy Minister Kakha Kaladze, construction of KhudonHES has to be started this year. However, the newspaper doubts that the government will annoy Svans before the local elections.
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