Daily News April 24, 2024	Days:  22 23 24 25 26

politics

8 CANDIDATES SELECTED FOR 4 VACANT SEATS ON NBG COUNCIL

From 28 candidates, who submitted applications for 4 vacant seats on the Council of National Bank of Georgia (NBG), the commission, created by the President of Georgia, selected 8. The commission held interviews with these candidates on April 23 and will present the results to the President by May 1.

economics

AS OF MARCH, YIELD ON BONDS OF GEORGIAN GOVERNMENT DECREASED SLIGHTLY Y-O-Y

In March, the yield of 10-year dollar-denominated bonds of the Georgian government made up 6.3%, reported National Bank of Georgia.

To compare, a year ago (in March 2023), the yield made up 6.4%, i.e. year-on-year decrease this year made up 0.1 percentage points.




GEORGIA TO RECEIVE 23.2M EUR FROM ADB TO STRENGTHEN HEALTH SECTOR

To strengthen the sector of healthcare, Georgia in 2024 will receive about 23.2 million EUR from the Asian Development Bank (ADB), Georgian Finance Ministry declared. The corresponding loan agreement was signed today.




TBILISI MAYOR: REGISTRATION STARTED FOR THE PROGRAM PROMOTING YOUTH SOCIAL ENTREPRENEURSHIP PROJECTS

Today, registration began for the program promoting youth social entrepreneurship projects, Tbilisi Mayor Kakha Kaladze declared at the city government meeting today. The project applications could be submitted until May 15, he said.




GEORGIAN AGRICULTURE MINISTRY: LOANS OF 9.1M LARI ISSUED IN SAMEGRELO – ZEMO SVANETI REGION FOR HAZELNUT PLANTING

In Samegrelo – Zemo Svaneti region, preferential agricultural loans of more than 123 million lari were issued for development of horticulture, Georgian Ministry of Environment Protection and Agriculture reported. Of total, loans of 9.1 million lari were issued for hazelnut planting.




GEORGIAN AGRICULTURE MINISTRY: UNDER THE STATE PROGRAM, 62 AGRICULTURAL COOPERATIVES PURCHASED MACHINERY FOR 50% OF THE COST IN 2023-2024

Under the program of co-financing of agricultural machinery for agricultural cooperatives, 62 cooperatives were co-financed countrywide in 2023-2024, Georgian Ministry of Environment Protection and Agriculture reported.

According to the Ministry, these cooperatives were able to purchase 331 units of machinery worth 7.28 million lari at 50% of the cost, 3.6 million lari.




GEORGIAN FOOD AGENCY: 971 ADMINISTRATIVE OFFENSES DETECTED IN Q1

In the 1^st quarter, about 10,000 state inspections were held targeting food safety, Georgian National Food Agency reported. As a result, 971 administrative offenses were identified, the Agency noted.

business

AS OF MARCH, PRICE PER SHARE OF “BOG GROUP” AND “TBC BANK GROUP” HAS INCREASED SIGNIFICANTLY

In March, average price per share of BOG Group (Sakartvelos Banki Group) on the London Stock Exchange made up 49.8 GBP, National Bank of Georgia reported.

To compare, a year ago (in March 2023), the price made up 26.6 GBP, while a quarter ago (in December 2023) – 36.5 GBP.