Statistics Service says number of cows reduced in Georgia
Publish Time: 2017-08-19 15:00:00
Georgian Statistic Service says that the number of cows in Georgia for the second quarter of 2017 reached 1.028.9 which is 8.5% less than the same period of the last year. The number of pigs increased by 10%, while the number of chicken reduced by 0.4% in comparison to the data of 2016.
GNERC launches working on electricity tariff issues despite tensions during session
Publish Time: 2017-08-18 13:47:00
The Georgian National Energy Regulation Commission (GNERC) has launched working on the tariff application presented by Telasi despite tensions and uproar during the session. The Commission head and members still conducted the voting process. Patrol police officers are also attending the session. They were called in as the session was suspended due to the tensions. Representatives of Georgia’s Labor Party also attended the session. One of the party leaders called on the commission not to change the electricity tariff in Georgia. It was followed by tensions and the session was suspended. Shortly it started again but there were still tensions and uproar. Afterwards, Patrol Police officers entered the building. Telasi Company applied to the commission with request of establishment of electricity tariffs on August 4.
Sitting being held at GNERC
Publish Time: 2017-08-18 12:13:00
A sitting is being held at Georgian National Energy Regulation Commission (GNERC) about the application of Telasi Company about reconsideration of electricity consumption tariff. The decision whether or not the tariff changes for Tbilisi subscribers will become known at the end of this year.
New agreement concluded with World Bank
Publish Time: 2017-08-16 16:15:00
A new agreement in support of governmental reforms has been concluded with the World Bank. Georgia will receive 44.6 million Euro for the second programming activities of development policy. The loan will be allocated for improvement of competitiveness of the private sector. First Vice Prime Minister, Finance Minister and Mercy Tembon, the World Bank's Regional Director for the South Caucasus signed the agreement.
Second seminar of trade-economic cooperation opens in Tbilisi
Publish Time: 2017-08-14 16:14:00
The second seminar of trade-economic cooperation organized by the Partnership Fund and Province of Jiangxi, People’s Republic of China has been opened.Representatives of various businesses and government of Georgia and Province of Jiangxi are taking part in the event.Within the framework of the event several memorandums will be signed. The goal of the conference is to deepen cooperation, trade-economic relations and to share experience.
Action plan “Business and Human Rights” to be worked out
Publish Time: 2017-08-12 12:17:00
A 3-year action plan “Business and Human Rights” will be worked out within the framework of the governmental strategy. A research on this topic will be published before elaboration of the strategy. Representatives of non-governmental organizations met with business circles and discussed the details. The document will take into consideration the recommendations of all interested sides.
PM and Davos Mayor open new conference hall
Publish Time: 2017-08-12 12:11:00
Prime Minister Giorgi Kvirikashvili and Davos Mayor visited Bioli Medical Wellness Resort and opened a new conference hall. PM welcomed Davos Mayor and his wife in Georgia and talked about relations between Georgia and Switzerland. He also expressed gratitude to Switzerland’s role in regulation of Georgia-Russia conflict. Kvirikashvili also invited Davos Mayor to Bakuriani winter resort of Georgia.
Agreement on operation of Anaklia Port signed
Publish Time: 2017-08-01 15:01:00
An agreement on operation of Anaklia deep-water port operation has been signed at Governmental Administration. Based on the agreement, American Company SSA Marine will carry out USD 2.5-billion investment in Anaklia resort. Job places will be created. Representatives of the government and investor company attended the document’s signing ceremony.
New factory opened in Kvemo Kartli region
Publish Time: 2017-07-29 16:27:00
A new factory to process combined food, premix and concentrates was opened in Kvemo Kartli region. Ten people are employed at the factory. The products will be sold on local market. The factory was opened within the framework of low-rate agriculture credit. Low-rate credits can be issues for both opening of new enterprises and expansion of already functioning ones.
Governmental sitting being held
Publish Time: 2017-07-21 18:07:00
The sitting of Georgian Cabinet of Ministers is being held at Governmental Administration. Prime Minister Giorgi Kvirikashvili stressed on several issues including Law on Mountainous Areas and construction of a new terminal at Kutaisi Airport. There are 37 issues for discussions as per the working agenda.
Conference within the framework of Ambassadorial 2017
Publish Time: 2017-07-21 10:20:00
A conference about economic diplomacy is being held within the framework of Ambassadorial 2017 in Tbilisi. Representatives of executive authorities and business circles and Georgian Consuls abroad are participating in the conference. The conference aims at enhancement of trade-economic relations with partner states, attraction of foreign investments, boosting Georgian export and diversification of export markets. Participants will also discuss ongoing reforms in tax sphere.
Tariff for consumption of natural gas increases
Publish Time: 2017-07-18 16:17:00
The tariff for consumption of natural gas will increase in Tbilisi by 0.5 Tetris and by 11 Tetris in regions of Georgia. The tariff for consumption of 1 cubic meters in Tbilisi will be 46.153 Tetri and in regions – 57 Tetri. The Georgian National Energy Regulation Company (GNERC) held a sitting today in reaction to the application of gas distribution companies, which submitted an application to GNERC in the beginning of 2017 with demand to increase the tariff for consumption of natural gas.
Will tariff for consumption of natural gas increase?
Publish Time: 2017-07-18 11:51:00
A sitting is being held at Georgian National Energy Regulation Company (GNERC) in reaction to the application of gas distribution companies, which submitted an application to GNERC in the beginning of 2017 with demand to increase the tariff for consumption of natural gas. The decision will become known later today.
Gas tariff for consumers will be known tomorrow
Update Time: 2017-07-17 18:19:00
Gas tariff has increased for the transportation company. According to the decision made by the Georgian Energy and Water Supply Company, the new tariff will be 1.884 GEL per cubic meter.The tariff will be in force including December 31, 2018. Gas tariff
Gas transportation tariff increased
Update Time: 2017-07-17 16:16:00
Gas tariff has increased for the transportation company. According to the decision made by the Georgian Energy and Water Supply Company, the new tariff will be 1.884 GEL per cubic meter.The tariff will be in force including December 31, 2018.
GNERC discusses the possible increase of gas tariff for transportation company
Publish Time: 2017-07-17 12:18:00
Georgian National Energy and Water Supply Regulatory Commission discusses the possible increase of gas tariff for transportation company. Gas Transportation Company addressed to GNERC to overview the tariff in 2017.
Agriculture Minister visits fish procession factory
Update Time: 2017-07-15 16:15:00
Levan Davitashvili, Minister of Agriculture visited fish procession factory opened within the framework of United Agriculture Project together with Shida Kartli regional governor this afternoon. The factory produces 150 tons of various fish produces every year. Thirty people are employed at the factory. The products are sold on local market. Their export is planned for the future.
President of European Investment Bank met Georgia's Prime Minister
Publish Time: 2017-07-13 16:13:00
The President of European Investment Bank held a meeting with the Prime Minister of Georgia Giorgi Kvirikashvili.The discussion was focused on ongoing projects funded by the European Investment Bank and Georgian government’s four-point plan of reforms.The special focus was on the country's macroeconomic indicators, direct foreign investments, positive trends in tourism and economic growth.In his speech, the Prime Minister emphasized the favorable investment environment in Georgia.The investment projects in the public sector financed by the European Investment Bank amount to a billion Euros.
European Investment Bank to allocate 250 million euros for Georgian Transport Communication Project
Publish Time: 2017-07-13 12:54:00
European Investment Bank will allocate 250 million euros for the Georgian Transport Communication Project. The regarding agreement was signed by Georgia’s Finance Ministry Dimitri Kumsishvili and Vice President of the European Investment Bank Vazil Hudak in Batumi today. Rehabilitation of Vardnili and Enguri HPPs will be additionally financed with 3.5 million Euro by EIB. As reported by the Ministry the amount will be added to 20 million euro, allocated by the bank that was necessary for completion of rehabilitation works on the Vardnili HPP.The project envisages rehabilitation of two aggregates of the Enguri HPP as well as the Vardnili HPP cascade. Security measures will also be implemented at the Gali reservoir.
National Movement faction to present new legislative initiative
Publish Time: 2017-07-11 12:17:00
The National Movement faction will present a new legislative initiative in the parliament regarding making changes into Budgetary Code. Roman Gotsiridze, Chairman of the faction explains that the proposed amendments envisage reduction of limit amount of Presidential and Governmental reserve funds to from 2 to 1% of state budget. The change aims at elimination of practice for unplanned expenditure by the government from state budget bypassing the parliament.