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Girchi Political Party Proposes to Abolish National Currency

gbc.ge news - Wed, 10/20/2021 - 21:21
Tbilisi (GBC) – Parliament member form Girchi political party Sandro Rakviashvili has proposed to free Georgian citizens from the inflation tax and initiateed comprehensive discussions for analyzing the unofficial control mechanism.

EIB provides €6 million to Terabank

gbc.ge news - Wed, 10/20/2021 - 19:27
Tbilisi (GBC) - EIB provides €6 million to Terabank for faster COVID-19 recovery for Georgian micro, small and medium-sized enterprises

National seminar on implementation of the Marrakesh Treaty

EIFL will participate in a seminar on national implementation of the Marrakesh Treaty for persons with print disabilities organized by the World Intellectual Property Organization (WIPO) and the National Center of Intellectual Property of the Republic of Belarus, in cooperation with the National Library of Belarus. The seminar will cover legal aspects of the Marrakesh Treaty, international exchange of accessible format materials, and challenges for libraries in Belarus in providing information services to persons who are blind and visually impaired.

Fitch Forecasts 9% inflation in 2021

gbc.ge news - Wed, 10/20/2021 - 18:22
Tbilisi (GBC) - Inflation soared to 12.3% yoy in September, after averaging 5.2% in 2020.

External Debts Keep Decreasing, Internal Debts Grow

gbc.ge news - Wed, 10/20/2021 - 16:19
Tbilisi (GBC) – The Ministry of Finance has borrowed GEL 25 million from commercial banks at 9.2% rate (the coupon rate of 10.250%). Commercial banks bought 10-year securities at the state T- bill auction. The initial demand was higher – GEL 44 million.

Quiet but sure copyright reform in Nigeria?

EIFL’s comments on Nigeria’s Copyright Bill 2021 (Executive Bill) were presented at a joint public hearing organized by the Nigerian Senate on two copyright amendment Bills tabled before it. Desmond Oriakhogba, Barrister and Solicitor of the Supreme Court of Nigeria, and Lecturer, Law Faculty, University of Benin, presented EIFL’s comments, as well as comments by the Programme on Information Justice and Intellectual Property (PIJIP). Afterwards, Desmond Oriakhogba blogged about the hearing, how it went and the next steps in the legal reform process.

Galt & Taggart announces successful issuance of EBRD’s private Georgian Lari denominated bonds

gbc.ge news - Wed, 10/20/2021 - 16:03
Tbilisi (GBC) – The multilateral development bank (“MDB”) EBRD issued two more Georgian Lari denominated bonds with the coupon rate linked to 3-month TIBR (Tbilisi Interbank Interest Rate) on September 30th 2021, and October 8th 2021 respectively.

Fidelity Reduces Stake in BOGG

gbc.ge news - Wed, 10/20/2021 - 16:02
Tbilisi (GBC) – Bermuda-incorporated Fil Limited (i.e. Fidelity Investments) has reduced its stake in Bank of Georgia Group PLC (BOGG).

Audit Service Urges Government to Revise Foreign Debt Analysis

gbc.ge news - Wed, 10/20/2021 - 16:01
Tbilisi (GBC) – According to the State Audit Service, the Government’s debt stability analysis comprises an incomplete list of liabilities. Namely, according to the State Audit, the government’s debt does not name debts of those state-owned companies that, under the IMF recommendations were classified by the Finance Minister as the part of the government sector. Liabilities of such companies amounted to GEL 310 million and accounts for 0.5% in GDP.

CREDO Bank’s Incomes Grow

gbc.ge news - Wed, 10/20/2021 - 15:59
Tbilisi (GBC) – CREDO Bank’s interest incomes in August-September increased by GEL 39 million to GEL 166 million (GEL 126.5 million as for August 1, 2021).

პროფესიული განათლების მიმართულებით ჩართულ ბიზნეს სექტორთან სამუშაო შეხვედრა გაიმართა

MES latest News RSS Feed - Wed, 10/20/2021 - 12:00

სავაჭრო-სამრეწველო პალატის ორგანიზებით, პროფესიული განათლების მიმართულებით ჩართულ ბიზნეს სექტორთან სამუშაო შეხვედრა გაიმართა, რომელიც მისასალმებელი სიტყვით საქართველოს განათლებისა და   მეცნიერების მინისტრის მოადგილემ თამარ ქიტიაშვილმა და სავაჭრო-სამრეწველო პალატის გენერალური დირექტორის მოადგილემ მაგდა ბოლოთაშვილმა გახსნეს.

Public Broadcaster’s Funding Exceeds Municipal Budgets

gbc.ge news - Tue, 10/19/2021 - 19:34
Tbilisi (GBC) – “The Georgian Public Broadcaster’s (GPB) budget will exceed the budget of all cities and municipalities, excluding Tbilisi”, parliament member Kvizhinadze noted and stressed that in 2-3 years the GPB budget allocations may extremely increase, while this issue should reflect the existing realities. The PM made the statement at the 2022 state budget bill hearing at the parliaments’ committee.

Ten Companies to Attend Paris, Shanghai, London and Singapore Fashion Weeks

gbc.ge news - Tue, 10/19/2021 - 19:32
Tbilisi (GBC) – With the support of Clusters for Development project funded by EU and Government of Germany, ten Georgian companies will attend events as part of the 2022 spring/summer fashion weeks.

Over 180,000 Compensations Issued in Energy Sector in January-September

gbc.ge news - Tue, 10/19/2021 - 19:31
Tbilisi (GBC) – In January-September utility companies have issued compensations of GEL 180,265 to citizens as a result of violation of service standards determined by Georgian National Energy and Water Supply Regulatory Commission (GNERC).

IMF: Issuing Loans and Grants from Budget Threatens Debt Stabilization

gbc.ge news - Tue, 10/19/2021 - 16:51
Tbilisi (GBC) - Trade-offs Today for Transformation Tomorrow in Middle East and Central Asia Region – with this name, on October 19, the International Monetary Fund (IMF) held economic discussions over Middle East and Central Asia economies.

IMF Holds Discussions over Regional Economy

gbc.ge news - Tue, 10/19/2021 - 16:40
Tbilisi (GBC) – Trade-offs Today for Transformation Tomorrow in Middle East and Central Asia Region – with this name, on October 19, the International Monetary Fund (IMF) held economic discussions over Middle East and Central Asia economies.

KIU and GITA Host Final Phase of Innovations Course

gbc.ge news - Tue, 10/19/2021 - 16:39
Tbilisi (GBC) – Kutaisi International University (KIU) and Georgian Innovation and Technology Agency (GITA) have hosted the final phase of the innovations course, where the participants introduced their projects to the jury members.

Norges Bank Grows Stake in BOGG

gbc.ge news - Tue, 10/19/2021 - 16:38
Tbilisi (GBC) – Norwegian Norges Bank has regained its stake in Bank of Georgia Group PLC (BOGG).

მიხეილ ჩხენკელმა ქუთაისის საერთაშორისო უნივერსიტეტში ინდუსტრიის მრჩეველთა საბჭოს რიგით მეორე სხდომა გახსნა

MES latest News RSS Feed - Tue, 10/19/2021 - 12:00

საქართველოს განათლებისა და მეცნიერების მინისტრმა მიხეილ ჩხენკელმა ქუთაისის საერთაშორისო უნივერსიტეტის ინდუსტრიის მრჩეველთა საბჭოს რიგით მეორე ონლაინ სხდომა გახსნა, რომლის მიზანს უნივერსიტეტში დაგეგმილი სიახლეების განხილვა  წარმოადგენდა.

ადამიანური კაპიტალის განვითარების თემაზე თემატური საკოორდინაციო ჯგუფის შეხვედრა გაიმართა

MES latest News RSS Feed - Mon, 10/18/2021 - 12:00

ადამიანური კაპიტალის განვითარების თემაზე საქართველოს განათლებისა და მეცნიერების სამინისტროსა და ევროკავშირის წარმომადგენლების თავჯდომარეობით თემატური საკოორდინაციო ჯგუფის შეხვედრა გაიმართა, რომელშიც მონაწილეობა მინისტრის პირველმა მოადგილე ეკატერინე დგებუაძემ და მინისტრის მოადგილე თამარ ქიტიაშვილმა მიიღო.

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