Finance Minister met with economic advisors of diplomatic missions in Georgia
Minister of Finance of Georgia met with economic advisors of the diplomatic missions in Georgia and introduced the details of the economic part of government`s ten-point strategic development plan. The Minister spoke about the modernization and employment plans of the government. Foreign experts showed particular interest to the management of foreign debts, service details and activities supporting ongoing economic reforms in Georgia. `The people who assembled here today are economic advisors of the embassies, whose duties are to encourage direct economic and investment relations with Georgia; therefore, to inform these people about economic plans and activities of the government conditions the encouragement of foreign investments in the country,` Dimitri Gvindadze said.
Most of the essential parts of the EU Association Agreement with Georgia temporarily enter into force from today. According to the terms and conditions of the Deep and Comprehensive Free Trade Area (DCFTA), all Georgian made products will be freed of the customs fee when exported to EU market...
Moody`s Investors Service has changed the outlook on Georgia`s Ba3 sovereign rating to positive from stable - the Minister of Sustainable Development and Economics of Georgia, Giorgi Kvirikashvili announced. According to the Minister, concurrently, Moody`s has affirmed Georgia`s Ba3 rating.
Prime Minister of Georgia Irakli Gharibashvili attended the ceremony of laying fundament a new hospital in the village of Rukhi, Samegrelo Region. According to the Prime Minister, it will be a hospital intended to serve 220 patients simultaneously and offer all kinds of medical service.
The Minister of Energy and Natural resources, Kakha Kaladze downplays the concerns of some opponents about the possible growth of the electricity consumption charge, saying the electricity tariff will not be changed.
Minister of Foreign Affairs of Georgia says the government will find ways to fit the new trade terms in case Russia bans import of Georgian product on its territory, which is quite possible after Georgia and two other post-Soviet republics signed Association Agreement with the European Union last June.
The International Monetary Fund has approved a 153 million U.S. dollar loan to Georgia - the issue was discussed at the meeting of the Cabinet, at the end of which, the Minister of Finance, Nodar Khaduri defined that the total amount of the loan would be transferred to Georgia during 3 years.
The government of Georgia will allocate five million GEL from the state budget to fund the new program of agriculture insurance - Minister of Agriculture Otar Danelia announced after the meeting of the Cabinet today.