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Economic Press Monitor


September 24, 2021

IN THIS ISSUE:

1. IN RECENT YEARS, NO NEW JOBS HAVE BEEN CREATED IN THE COUNTRY
2. FOR FUNCTIONING OF BAKU-TBILISI-KARS RAILWAY PROJECT WITH FULL LOAD, THE COUNTRIES AGREED TO APPLY JOINT MEASURES
3. TURKEY IS READY TO SUPPLY US WITH MEDICINES AT A LOW PRICE – HEALTHCARE MINISTRY

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1. IN RECENT YEARS, NO NEW JOBS HAVE BEEN CREATED IN THE COUNTRY
Macroeconomics & Budget

The data, brought in the article, shows that number of employed in Georgia decreased by 12,600 in the period from 2015 to 2019, and by 81,300 in the period from 2019 to the 2nd quarter of 2021.

The IMF report indicates that the unemployment rate in Georgia is one of the highest in the region.

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2. FOR FUNCTIONING OF BAKU-TBILISI-KARS RAILWAY PROJECT WITH FULL LOAD, THE COUNTRIES AGREED TO APPLY JOINT MEASURES
Transport & Communications

For functioning of Baku-Tbilisi-Kars railway with a full load, Azerbaijan, Georgia and Turkey are planning to apply joint measures, the magazine reports.

In particular, the strategy of increasing volume of traffic and construction of new terminals in Akhalkalaki (Georgia) and Kars (Turkey) are considered.

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3. TURKEY IS READY TO SUPPLY US WITH MEDICINES AT A LOW PRICE – HEALTHCARE MINISTRY
International Cooperation

Georgian Ministry of IDPs from Occupied Territories, Labor, Healthcare and Social Protection reported that Turkey expresses readiness to increase availability of medicines at public procurement in Georgia. In particular, the matter concerns supply of pharmaceutical products at a low price, the Ministry said.

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