Daily News
May 30, 2016
IN THIS ISSUE:
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| 1. |
REAL GDP ANNUAL GROWTH IN APRIL MADE UP 4.3%
Economics
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Sakstat published estimation for April, saying that rate of real GDP growth in comparison with same month of 2015 made up 4.3%. To compare, annual growth in March made up 3.4%.
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| 2. |
THE PARLIAMENT’S BUDGET OFFICE: GEORGIA’S ECONOMIC IN 2016 WILL GREW BY 3.2%
Economics
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According to latest (May) forecast of the Parliament’s Budget Office, Georgia’s economic will grew by 3.2% in 2016. Thus, the Office decreased by 0.3 percentage points own forecast, published in January.
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| 3. |
IN JANUARY-MARCH, FACTUAL SPENDING OF THE GOVERNMENT’S RESERVE FUND MADE UP 83%, WHILE OF THE PRESIDENT’S RESERVE FUND – 48%
Economics
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The Finance Ministry reported that approved assignations of government’s reserve fund totaled for January-March to 11.55 million lari. At that, factual spending of these assignations amounted to 9.63 million lari, thus making up 83% of approved volume.
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| 4. |
GEORGIA’S PREMIER: WE HAVE VERY DYNAMIC TRADE RELATIONS WITH SLOVAKIA
Economics
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“We have very dynamic trade relations with Slovakia”, Georgia’s Prime Minister Giorgi Kvirikashvili declared. “However, there still remains potential in order to improve our trade and investment cooperation”, he pointed.
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| 5. |
AGRICULTURE MINISTRY: REHABILITATION OF ZEMO SAMGORI IRRIGATION CHANNEL TO BE COMPLETED IN DECEMBER
Economics
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Agriculture Ministry declared that rehabilitation of upper main channel of Zemo Samgori irrigation system in Gardabani municipality (Kvemo Kartli region) will be finished in December. Rehabilitation with cost of 512,000 lari was launched in April, the Ministry noted.
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| 6. |
AGRICULTURE MINISTRY: CONSTRUCTION OF MUKHURI SCIENTIFIC BEEKEEPING BASE TO BE FINISHED IN NEAR FUTURE
Economics
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Agriculture Ministry announced that construction of scientific beekeeping base in Mukhuri village (Chkhorotsku municipality of Samegrelo region) will be completed in near future and large-scale studies of Georgian bee will started. Cost of works is not indicated.
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| 7. |
IVANISHVILI: ONE OF THE MOST IMPORTANT ACHIEVEMENT OF OUR GOVERNMENT IS SHIFTING THE COUNTRY FROM DEBT ECONOMY TO INVESTMENT ONE
Politics
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Georgia’s ex-premier, billionaire Bidzina Ivanishvili has released open letter today, where he criticizes government of National Movement and speaks about achievement of Georgian Dream. “One of the most important achievement of our government is shifting the country from debt economy to investment economy”, the letter states.
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| 8. |
ECONOMY MINISTRY: STUDENTS OF ESM TO WORK OUT DEVELOPMENT PROJECT FOR SATSIRE RESORT
Business
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Ministry of Economy and Sustainable Development declared that students of ESM (business school of Free University) will work out business plan for development of Satsire resort, located in Tkibuli municipality (Imereti region). By the moment, construction and rehabilitation of cottages and guesthouses in the resort are held under aegis of Satsire Development Fund, the Ministry said, noting that there are also plans to build bike paths, sport complexes and hotels.
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| 9. |
“TELASI” NOT TO PAY DIVIDENDS FROM PROFIT OF 2015
Business
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JSC TELASI (Tbilisi energy distributor) reported that its recently held shareholders meeting has decided not to pay dividends from profit of 2015. Profit of the company for the mentioned year amounts to 6.57 million lari, reducing almost 4.3 times year-on-year.
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| 10. |
ECONOMY MINISTRY: ADDITIONAL FLIGHTS APPOINTED ON KAZAKHSTAN-BATUMI ROUTE
Business
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Starting from June 1, Kazakh air company SkyBus will launch additional flights between Kazakhstan and Georgia, Georgia’s Ministry of Economy and Sustainable Development announced. Civil Aviation Agency has issued 3-month permission on charter flights to the air company, the Ministry said.
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