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Economic Press Monitor

July 15 - 21, 2018

Previous Issues:  Days: < 23 30 07 14 21

 

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economic & politics

    NETGAZETI.GE: “IN 6 MONTHS, CRIMINAL STATISTICS INCREASED BY 52.93%”

    July 18, 2018 - For the first 6 months of this year, number of crimes, registered in Georgia, increased by 52.93%, Netgazeti.Ge reports with reference to the Interior Ministry.

    At that, if in the same period of previous year (January-June 2017), 54.35% of registered crimes were solved, in the reporting period the rate made up 36.42%.


    NETGAZETI.GE: “KUMSISHVILI ABOUT INTERROGATION: IT WAS THE USUAL MEETING, WHICH ENDED PEACEFULLY”

    July 18, 2018 - The ex-minister of economy and sustainable development Dimitri Kumsishvili confirms that he was questioned in Prosecutor’s Office a few weeks ago, Netgazeti.Ge reports.

    “About 20 days ago, I really was on interrogation, where the Prosecutor’s Office asked me to fix my thoughts in connection with certain questions”, Kumsishvili declares.


companies

    BANKEBI DA FINANSEBI: “WHETHER “ALDAGI” HAS EVADED RESPONSIBILITY CONCERNING FLATOWNERS DAMAGED BY “SVETI””

    July 18, 2018 - There are active talks in public about possibility for construction company Shine to become another Center Point (which founders are criminally responsible), the newspaper says.

    The article notes that number of damaged clients of Sveti, which has problems with completion of construction, makes up several hundreds.


    BANKEBI DA FINANSEBI: “FOR “SAKNAKHSHIRI”, WHICH OPERATES TKIBULI MINES, IT IS A CERTAIN SOCIAL PROJECT AS IT WORKS WITH LOSS”

    July 18, 2018 - Business ombudsman Irakli Lekvinadze declares that for Saknakhshiri (Georgian Coal), which operates Tkibuli mines, it is a certain social project, “as from the date of its operation [start], the company has losses and no profit”.

    “The existing infrastructure is so outdated, that it is hazardous to health”, Lekvinadze specifies.


    NETGAZETI.GE: “INTERIOR MINISTRY: ACCORDING TO PRIMARY INFORMATION, EXPLOSION OF METHANE IN THE TKIBULI MINE LED TO CEILING COLLAPSE”

    July 16, 2018 - According to primary information of the Interior Ministry, at dawn on July 16, in one of tunnels of Mindeli mine in Tbilisi, supposedly, because of methane explosion, walls were deformed and ceiling collapsed.

    The accident killed 4 miners, while 6 more were injured, Netgazeti.Ge reports and reminds that previous tragedy in this mine happened on April 5, when 6 miners died.


transport & communications

    FORBES GEORGIA: “IN TERMS OF INTERNET SPEED, GEORGIA IS ON THE 77TH PLACE IN THE WORLD”

    July 17, 2018 - In terms of Internet access speed, Georgia is on the 77th place in the world, the magazine reports, with reference to the British portal Cable. Last year, the country occupied the 70th place.


    BANKEBI DA FINANSEBI: “PROJECT OF UNIVERSAL INTERNETIZATION FAILED”

    July 17, 2018 - Right after coming to power of Georgian Dream, idea was announced of the project of universal Internetization, which is actually paused already for 2 years, the newspaper says.

    The project, which aimed provision of access to Internet with speed of at least 15 MB/s to 90% of the population by 2020, is buried in oblivion and nobody reminds now 500 villages in 10 regions, which had to be covered by cable network, the article specifies.


ecology & health

    BANKEBI DA FINANSEBI: “UNIVERSAL HEALTHCARE REDUCED MEDICAL EXPENSES OF POPULATION FROM 70% TO 55%”

    July 16, 2018 - Healthcare Minister David Sergeenko points that if medical expenses, paid from the population pocket, made up “70% before introduction of universal healthcare, now they make up 55%”. “Over 70% of these expenses from the pocket are medicines’ costs”, he specifies and regards it as “one of the most important challenges”.


finances & banking

    FORBES GEORGIA: “LARIZATION’S TREND”

    July 17, 2018 - In Georgia, share of lari in credits and deposits grows, author of the article (Giorgi Shagidze, deputy director general and finance director of TBC Bank) points, who considers that this could be attributed to larization policy. Share of crediting in local currency grew mainly because of larization of retail credits, he specifies.


agriculture & food

    TABULA: “MONITORING OF NITRATES’ CONTENT IN WATERMELONS AND MELONS IS UNDERWAY”

    July 16, 2018 - Referring to National Food Agency, Tabula reports that content of nitrates in watermelons and melons does not exceed the established limit.

    For monitoring of content, the Agency takes samples in various trade objects, chain stores and in agrarian markets.


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