Economic Press Monitor November 3 - 9, 2013	Days:  26 02 09 16 23

economic & politics

REZONANSI: “NO TO OUTLAW SMALL BUSINESS!”

November 8, 2013 - In his letter, published by the newspaper, chairman of Small Entrepreneurs Association Anzor Sakandelidze declares that he was demanding allocation of 50 million lari in budget-2014 for recovery of small business. However, Finance Ministry did not envisage that, he declares.




TABULA: “WHAT DOES NOT FIT FOR THE PREMIER’S ANALYSIS?”

November 6, 2013 - The author of the article analyzes recently arisen public stereotypes and their influence on the prime minister Bidzina Ivanishvili and his team. Among them, consideration touches situation, created in the economy, which is estimated as stagnation.




KVIRIS PALITRA: “ONE STEP TOWARDS STABILITY”

November 4, 2013 - Expert Levan Kalandadze says that key motivating factor for the investors is a feeling of stability, a feeling that nothing will threaten their investments.

Acting government fell in illusion that the Prime Minister’s statement – business is free and the government does not interferes in their activity – would be sufficient condition for progress, Kalandadze points.

macroeconomics & budget

REZONANSI: “INFLATION IS GROWN AND LARI RATE IS DROPPED TO SAVE THE BUDGET?”

November 8, 2013 - The newspaper notes that the US dollar is increased in price, while lari has depreciated to the lowest mark through the last 3 years. Experts Soso Archvadze, Mikhail Tokmazishvili and Irakli Lekvinadze comment on the subject to the newspaper.




BANKEBI DA FINANSEBI: “MERGER OF PENSION CONTRIBUTION WITH INCOME TAX IS IMPERMISSIBLE”

November 7, 2013 - Solomon Pavliashvili, rector of Tbilisi Educational University, declares that merger of pension contribution with income tax is impermissible. Pension contribution should be separated from the budget and it must be accumulated in the state funds, he regards.




TABULA: “THE GOVERNMENT STARTS BUILDING OF FINANCIAL PYRAMID”

November 6, 2013 - Initiative of the government regarding reformation of the pension system reminds to the author of the article that all the future exists in the past. The matter concerns PAYG (pay-as-you-go) system, which depends on pension contribution.

energy, oil & gas

TABULA: ““KHUDONHES”: CHEAP ELECTRICITY AND EXPECTED RESULTS”

November 6, 2013 - The article reviews short history, energy-economical effect, socio-cultural side and environmental impact on KhudonHES project. Comment, made by representative of investor company TransElectrica Nino Asatiani regarding compensation to the affected population, is also brought.




REZONANSI: “THE ENERGY’S LEAP WITHOUT “KHUDONHES””

November 5, 2013 - Energy Ministry expects growth of electricity consumption by 5% annually, while according to the experts’ estimation it will actually increase by 3%.

As expert Geno Meskhia notes, starting from 2015, electricity generation will exceed consumption and Georgia will have possibility to sell 1.92 billion kWh on the foreign market.

companies

VERSIA: “WHY AIR OPERATION CERTIFICATE WAS CANCELLED FOR “FLYGEORGIA””

November 4, 2013 - Georgian Civil Aviation Agency has canceled aircraft operating certificate of FlyGeorgia in October of this year, as the company had no planes for that moment.

According to the spreading information, leasing company took back Airbus of FlyGeorgia due to fail to meet financial obligations.

transport & communications

REZONANSI: “CITY COUNCIL DEMANDS TO CONDUCT A TENDER ON MINI BUSES AFRESH”

November 8, 2013 - Commission of Human Rights and Public Relations of Tbilisi City Council demands to conduct afresh a tender on passenger transportation by mini buses in the city.

Chairman of the Commission Kakha Kukava claims that tender, conducted in 2011, was a corruptive deal.




REZONANSI: “AT LEAST ONE BUS IN A WEEK NEEDS REPAIR”

November 5, 2013 - Tbilisi City Hall is going to spend 60 million lari on renewal of municipal transport fleet in the next year.

Zaza Gabunia, leader of fraction Georgian Dream – Democratic Georgia in Tbilisi City Council, offers an alternative to Tbilisi City Hall, saying that it will decrease cost of import of European buses to 20 million lari only.

ecology & health

BANKEBI DA FINANSEBI: “PER CAPITA FUNDING REALLY MEANS ALLOCATION OF 25 TETRI PER INSURED PERSON AND IT IS QUITE NORMAL”

November 7, 2013 - Rusudan Gogolashvili, head of healthcare program management department, notes that per capita funding means allocation of 25 tetri per each insured person for family doctor service. It is quite normal, she regards.




KVIRIS PALITRA: “OLIGOPOLY ON GEORGIAN PHARMACEUTICAL MARKET”

November 4, 2013 - Marina Beradze, representative of non-governmental organization Remember Hippocrates, notes that there is oligopoly on the local pharmaceutical market, because several big companies operate in agreement.

Therefore, all drug stores are dependent on main players on the pharmaceutical market, Beradze notes.

agriculture & food

BANKEBI DA FINANSEBI: “DEVELOPMENT OF AGRICULTURAL COOPERATIVES IS THE FUTURE OF GEORGIAN AGRICULTURE”

November 7, 2013 - David Tkemaladze, head of PR department in Agriculture Ministry, declares that key thing of 2014 will be assistance to development of agricultural cooperatives.

Agricultural cooperatives are the future of Georgian agriculture, Tkemaladze states in an interview with the newspaper.




REZONANSI: “RECORD RESULT – THE COUNTRY EXPECTS WHEAT HARVEST OF 210,000 T”

November 5, 2013 - Agriculture Ministry reports that 90,000 t of wheat was harvested in this year, while the showing will be increased twice in 2014 and reach 210,000 t. Such abundant harvest was not fixed after 2013, the newspaper notes.