Economic Press Monitor
July 28, 2016
IN THIS ISSUE:
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| 1. |
GOTSIRIDZE ON NDI: RESULTS REFLECT GRAVEST ECONOMIC SITUATION OF THE COUNTRY
Economic & Politics
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While commenting results of study, conducted by order of National-Democratic Institute (NDI), member of United National Movement Roman Gotsiridze declares: “4-year operation of this government showed that economy is in gravest situation”. “This is reflected exactly in those results, which we have by this study”, he pointed.
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| 2. |
HOW TO PR-PROVE 29 MILLION
Macroeconomics & Budget
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Culture Ministry’s project “Check in Georgia” envisages concerts of Georgian and foreign entertainers in 19 cities, for which end the government allocated 29 million lari from the reserve fund. However, “When the government undertakes function of business (the Culture Minster noted himself that “Check in Georgia” is a business project), of course, it is clear that it becomes rival of those private companies, which are engaged in the same sphere”, the magazine states.
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“METRO”’S INVESTMENT ATLAS
Companies
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Turkish Metro Holding, which is represented currently in Ajara by its subsidiary investment company Metro Atlas Georgia, has invested to-day $75 million in Georgia. After completion of ongoing projects, investment will reach $200 million, the magazine points.
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