Search Results

1. “TI GEORGIA”: VIOLATIONS PERSIST IN PROPERTY DECLARATIONS FOR 2015-2016
   (Daily News: September 12, 2016)

   TI Georgia, Georgian branch of Transparency International, said that analysis of property declarations for 2015-2016 shows that “violations still persist on both central and local levels of authority”.

   While pointing that incomplete and inaccurate filling of declarations are associated with risks of corruption, the organization called officials to pay more attention to accuracy of data.

2. Tabula: “GOTSIRIDZE: PROGRAM OF “GEORGIAN DREAM” IS TRADITIONALLY FULL OF FALSE PROMISES”
   (Economic Press Monitor: September 12, 2016)

   Member of United National Movement Roman Gotsiridze estimates that “election program of Georgian Dream is continuation of the same old policy of the authority that led the country to the crisis”. The program “is traditionally full of false promises, which envisage addressing all social and economic problems with already poor budget”, he points.

3. Eugeorgia.Info: “COLD STORAGES OPERATE SEASONALLY AND WITH PARTIAL LOAD”
   (Economic Press Monitor: September 12, 2016)

   Sakstat reported that in the first half of the year, 27 cold storages were operating in Georgia, storing 134,500 t of production in total. While in 2014, 57 cold storages had operating in the country.

4. ADB OPENED GUARANTEE LINE TO “BASISBANK” IN SUPPORT OF TRADE DEVELOPMENT
   (Daily News: September 9, 2016)

   Basisbank declared that it got a guarantee line of $3 million, opened by Asian Development Bank (ADB) within Trade Facility Program (TFP).

   The mentioned program considerably expands activity in Central Asia and Caucasus region, the bank pointed.

5. GEORGIAN OIL AND GAS CORPORATION: “SOCAR GEORGIA GAS DISTRIBUTION” TO BUY 2M CUBIC M OF GAS FROM NINOTSMINDA FIELD
   (Daily News: September 9, 2016)

   Georgian Oil and Gas Corporation reported that SOCAR Georgia Gas Distribution will purchase 2 million cubic m of gas, extracted on Ninotsminda field (Kakheti region).

   Contract with the company will be signed in near future, the Corporation noted.

6. GEORGIAN DELEGATION ATTENDED SILK ROAD SUMMIT IN CHINA
   (Daily News: September 9, 2016)

   Agriculture Ministry reported that Georgian delegation, headed by Deputy Minister Levan Davitashvili, attended annual Silk Road Summit in China.

   Silk Road Business Leadership Summit and annual conference of Silk Road Chamber of International Commerce were held in Sian of Shanxi province on September 5-8.

7. Tabula: ““GEORGIAN DREAM” PLANS PARTIAL DECRIMINALIZATION OF ECONOMIC CRIME”
   (Economic Press Monitor: September 9, 2016)

   Election program of Georgian Dream is based on development of already existing economic/politic and other programs, while relatively new is list of actions, to be taken in terms of economic crime decriminalization, the magazine reports.

   The program was presented yesterday by the party’s leader, Prime Minister Giorgi Kvirikashvili.

8. Tabula: “INVESTIGATION ACCUSES COMPANY OF “GEORGIAN DREAM” CANDIDATE OF MISAPPROPRIATION AND EMBEZZLEMENT”
   (Economic Press Monitor: September 9, 2016)

   Investigation accuses company of Nino Tsilosani, MP candidate of Georgian Dream in joint electoral district of Chokhatauri and Lanchkhuti (Guria region), of misappropriation and embezzlement of 65 million lari, the magazine reports.

   Tsilosani herself declares that her company did not commit any crime and this will be proved, while accusation is “weak and ungrounded”.

9. Rezonansi: “IN GEORGIA, 5-6 BANKS WILL REMAIN SOON”
   (Economic Press Monitor: September 9, 2016)

   Overall, 19 commercial banks are operating in local market now, but their number is expected to be decreased soon to 17, while in several months – to 15, the newspaper points.

   Several middle-sized banks are on the verge of closure, while in parallel, process of merging is undergoing, the article states.

10. ECONOMY MINISTRY: BIGGEST DEMAND IN BATUMI MARITIME ACADEMY WAS FIXED FOR NAVIGATION AND LOGISTICS SPECIALTIES
    (Daily News: September 8, 2016)

    Economy and Sustainable Development Ministry reported that Batumi State Maritime Academy has 100% admission of students for the first time this year. The biggest demand was observed for navigation and logistics specialties.

11. REGULATORY COMMISSION: ASSESSMENT OF TARIFFS, TO BE ESTABLISHED FOR “ENGURHES”, WILL BE AVAILABLE ONLY AFTER COMPLETION OF THE STUDY
    (Daily News: September 8, 2016)

    Georgian National Energy and Water Supply Regulatory Commission declared that “proceeding from need of detailed calculation for establishment of tariffs, the Commission cannot make preliminary forecast of future tariff’s size”.

    “The Commission and interested entities will be able to assess tariffs, to be determined for EngurHES, only after completion of the study” of technical and financial documentation, the Commission pointed.

12. CIVIL ORGANIZATIONS: EVERY PROGRAM WITH PARTICIPATION OF IVANISHVILI SHOULD BE CONSIDERED AS DONATION OF “GDS” IN FAVOR OF “GEORGIAN DREAM”
    (Daily News: September 8, 2016)

    On September 1, GDS broadcasting company has launched series of live shows (on Monday and Thursday) with participation of ex-premier and founder of ruling Georgian Dream party Bidzina Ivanishvili, where he meets with local journalists in all 10 regions of the country.

    Non-governmental organizations consider that every such live show should be considered as donation, made by GDS in favor of Georgian Dream.

13. REHABILITATION OF “KSANI” SUBSTATION BROUGHT TO END
    (Daily News: September 7, 2016)

    Within project on electricity transmission regional network expansion, Georgian State Electrosystem (GSE) has completed total rehabilitation of Ksani substation (500/220/110 KV), Energy Ministry said.

    Rehabilitation project with total cost of 9.9 million EUR was funded by Asian Development Bank (ADB).

14. GEORGIAN MINISTERS MET WITH REPRESENTATIVES OF “FITCH RATINGS”
    (Daily News: September 7, 2016)

    Finance Ministry reported about today’s meeting of the Minister Nodar Khaduri and Economy Minister Dimitri Kumsishvili with representatives of international rating company Fitch Ratings Alex Muscatelli and Paul Gamble.

    According to the Ministry, the parties discussed macroeconomic situation in Georgia and the whole region and major directions of the country’s economic policy.

15. Rezonansi: “RESTAURANTS’ ECONOMICS”
    (Economic Press Monitor: September 7, 2016)

    Georgian restaurants employ 200,000 people, which two-times exceeds number of hotels’ employees, the magazine reports.

    As the article states, restaurant business is one of the fastest growing in the country: in line with the latest data, growth rate in the sector makes up 26.7%.

16. Rezonansi: “WORLD BANK: 69% OF POPULATION IS POOR, WHILE 24% IS NEAR TO POVERTY”
    (Economic Press Monitor: September 7, 2016)

    Based on data 2010-2014, World Bank reported that 32% of Georgia’s population is extremely poor, while 37% – averagely poor. Thus, total rate of poverty makes up 69%, the magazine says.

17. COUNCIL TO BE ESTABLISHED FOR COORDINATION OF ASSISTANCE TO TRANSPORT AND LOGISTICS DEVELOPMENT
    (Daily News: September 6, 2016)

    Economy and Sustainable Development Minister Dimitri Kumsishvili initiated established of council for coordination of assistance to development of transport and logistics.

    As the Ministry said, the council should “support deepening of public-private cooperation and addressing challenges in the branch through the single approach”.

18. ECONOMY MINISTRY: TRADE TURNOVER BETWEEN GEORGIA AND LITHUANIA SHOULD BE INCREASED EVEN MORE
    (Daily News: September 6, 2016)

    Economy and Sustainable Development Minister Dimitri Kumsishvili declared that trade turnover between Georgia and Lithuania should be increased even more.

    “Last year, trade turnover with Lithuania increased, unlike with other countries”, the Minister said, pointing that turnover in 2015 made up $79 million.

19. GEORGIA TO HOST FIRST INTERNATIONAL WINE TOURISM CONFERENCE
    (Daily News: September 6, 2016)

    On September 7-9, World Tourism Organization will hold in Georgia the first international conference on wine tourism, being attended by secretary general Taleb Rifai.

    As Georgia’s National Tourism Administration said, the conference will gather 250 delegates from 42 countries (half of them – foreign guests), representing more than 150 organizations.

20. LIBE SUPPORTED VISA LIBERALIZATION FOR GEORGIA
    (Daily News: September 6, 2016)

    The European Parliament’s Committee on Civil Liberties, Justice and Home Affairs (LIBE) has approved granting Georgian citizens the right to make short-time visits to Schengen area without need to get respective visa, voting pro the respective report.

    The report was approved by overwhelming majority of the Committee members, Georgia’s Foreign Ministry stressed, noting that after voting and adopting regulation at the plenary session of the European Parliament, the amendment will be approved by the EU Council.

Pages:

645  646  647  648  649  650  651  652  653  654  655  656  657