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Economic Press Monitor


October 5, 2015

IN THIS ISSUE:

1. CITY OF UNFINISHED CONSTRUCTIONS, OR TENDER-LESS “GAMES” – SCANDALOUS CONCLUSION OF JOURNALIST INVESTIGATION
2. “THIS IS CATASTROPHE!” – IN 2014, BONUSES OF MORE THAN 4M LARI WERE PAID IN TBILISI SAKREBULO
3. IN 2016, INCREASE OF PENSION IS NOT PLANNED

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1. CITY OF UNFINISHED CONSTRUCTIONS, OR TENDER-LESS “GAMES” – SCANDALOUS CONCLUSION OF JOURNALIST INVESTIGATION
Construction

The journalist investigation concerns unfinished constructions in Tbilisi, including crossover bridge in ZaHES settlement.

As it is noted, the bridge has been closed due to maintenance works already for 7 months, of which during 2 months works were suspended there.

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2. “THIS IS CATASTROPHE!” – IN 2014, BONUSES OF MORE THAN 4M LARI WERE PAID IN TBILISI SAKREBULO
Macroeconomics & Budget

State Audit Service has published report, according to which bonuses, paid in Tbilisi Sakrebulo (City Council) in 2014, exceeded 4 million lari. Out of total sum, 90% was paid during 6 months of the year, the newspaper notes.

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3. IN 2016, INCREASE OF PENSION IS NOT PLANNED
Macroeconomics & Budget

Publication in the magazine’s blog says that according to the draft budget-2016, age pension will not increase next year.

For 2015, 1.39 billion lari is envisaged for pension, for 2016 – 1.48 billion lari, i.e. by 90 million lari more.

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