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Georgian National Tourism Agency has prepared the video clips about Georgia
Publish Time: 2017-03-27 12:20:00
The Georgian National Tourism Agency has prepared the video clips about Georgia. It aims at promoting tourism potential of the country. Video clips will be shown in various countries.
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Georgian wine was presented at the annual international exhibition in Dusseldorf
Publish Time: 2017-03-24 12:35:00
Georgian wine was presented at the annual international exhibition of wine and alcohol beverage in Dusseldorf, German. With support of National Wine Agency and association “Georgian Wine” Georgian wine producing 23 companies participated in the event.The exhibition is the main event of the year for winemakers as they can get into new contacts and search importers.
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State Program of Larization completed
Update Time: 2017-03-17 20:24:00
The State Program of transformation of credits issued in foreign currency into Lari, so-called Larization process has been completed. About 5 thousand people used the program. Specialists say that the program was useful but it resulted in law activeness probably due to inefficient information campaign about its advantages. 
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Psou and Roki Tunnels may be controlled by Swiss customs officers
Publish Time: 2017-03-16 20:05:00
After six years of waiting, the agreement between Russia and Georgia may be enacted in the coming months.  The agreement envisages deploying Swiss customs officers at Psou and Roki Tunnels for controlling the cargo movement.In 2011 Moscow agreed to open the transportation corridor in exchange of support from Tbilisi for country's accession to the World Trade Organization (WTO). After the Prague negotiations, Prime Minister's Special Representative for Relations with Russia claims that the process is coming to an end.The final stage envisages signing a contract with Swiss company. Official Tbilisi has already prepared a document and now expects the same step from Moscow.
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Georgia at Berlin International Tourism Fair
Publish Time: 2017-03-14 12:53:00
Georgia participated in Berlin International Tourism Fair. Tourism Administration and 23 Georgian tourism companies were represented at the Georgian exhibition booth. More than 180 tourism companies from all over the world took part in the fair. Representatives of about 10 thousand tourism industry attended the event. 
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Energy Minister to meet with representatives of Inter Rao
Update Time: 2017-03-14 12:19:00
Kakha Kaladze, Minister of Energy will meet with representatives of Inter RAO, a leading energy export and import operator in Russia today. Kaladze has already departed for Minsk within the framework of working visit. 
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Tbilisi budget to increase
Update Time: 2017-03-07 12:14:00
Tbilisi budget 2017 will be increased by 17 million GEL. The changes have already been submitted to Sakrebulo (City Assembly). The opposition demands that 2 million from the increased budget is allocated for assistance of victims of burnt Children’s World Trade Center. A protest of traders will be held at Sakrebulo today. 
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Constitutional Commission discussed parliament’s budgetary authorities
Update Time: 2017-03-04 16:06:00
Constitutional Commission discussed the Georgian parliament’s budgetary authorities today. Some members believe that the parliament should have the right to make changes into law independently from the government. Holding of a referendum about imposition of taxes was also on the working agenda. 
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Compulsory deposit insurance to be launched in Georgia
Publish Time: 2017-03-02 12:05:00
Compulsory deposit insurance will be launched in Georgia. The issue will be discussed at the government session today.Georgia is the only country in the region, where the compulsory deposit insurance not exists.The introduction of the regarding regulation is the EU directive.The issue will be discussed at the spring parliamentary session and if approved, compulsory deposit insurance will be launched from 2018.
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Agreement on new program worth 285 million reached with IMF
Update Time: 2017-03-01 20:30:00
An agreement on a new program worth 285 million has been reached with the International Monetary Fund (IMF), Vice Prime Minister and Finance Minister Dimitri Kumsishvili said at the meeting summarizing the IMF mission results. According to him, the two-week talks with the IMF mission were successfully completed. As Kumsishvili noted, the Government, the National Bank and the Fund actively work on the new program within the framework of the Extended Fund Facility (EFF)."The three-year program was initiated to support the government's economic policy. The new program is not only the declaration of full confidence to the government's economic policy, but it is fully based on the government's reform plan. Under the program, the IMF will be our main partner in pursuing the government's economic policy,” Kumsishvili said.
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Dollar price equals 2.5494 GEL
Update Time: 2017-03-01 20:26:00
Dollar price has become 2.5494 Gel. The National Bank of Georgia has set a new exchange rate according to which the Georgian national currency Lari has further gained value against USD. Starting from March 1, 1 USD will cost 2.5494 Gel. The previous exchange rate was 2.5837 Gel.As for the euro, its new exchange rate is 2.7016 Gel while the previous cost was 2.7351 Gel. 
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Dollar price equals 2.5837 GEL
Update Time: 2017-02-28 18:33:00
The dollar official price has become 2.5837 Gel. The National Bank of Georgia set a new exchange rate yesterday, according to which the lari has slightly gained value against the dollar. Starting with today, 1 USD will cost 2.5837 Gel while the previous rate was 2.5837 Gel. As for the euro, its new exchange rate is 2.7351 Gel while the previous rate was 2.7402 Gel. It has also taken effect from today. 
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Economic growth increases by 5.2%
Publish Time: 2017-02-28 11:17:00
Based on the data of Statistics National Service, economic growth in January in Georgia increased by 5.2%. The same data in January of 2016 was 0.8%. The turnover of enterprises which pays VAT also increased to 21%. 
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Price of 1 USD below 2.60 GEL
Publish Time: 2017-02-22 18:36:00
The Georgian national currency slightly gained value. For the first time for the last 2 months, the price of 1 USD is below 2.60 GEL and is sold at 2.59 at exchange booths. Positive tendency is noticed about export and monetary transfers in January. Export in January in comparison to the same month of 2016 increased by 45%, money transfers – by 26%. 
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Energy Regulation Commission to revise gas tariff
Update Time: 2017-02-21 20:25:00
The Georgian Energy Regulation Commission will begin revision of natural gas consumption tariff. Socar Company, which supplies Tbilisi, Telavi and whole Georgia with gas, applied to the commission with that request. The company presumes that other companies will also submit similar applications. 
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European Georgia summoning Energy Minister in parliament
Publish Time: 2017-02-21 10:12:00
European Georgia oppositional political movement demands arrival of Kakha Kaladze, Minister of Energy in the parliament. The opposition demands that Kaladze answered questions about the contract signed with Gazprom Russian energy giant Company. The movement sent an official request to Ministry of Energy twice but Minister did not satisfy their demand. The ruling team sees no necessity in Kaladze’s arrival in Parliament. 
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Number of creditors increases
Update Time: 2017-02-14 20:39:00
The number of creditors at the registry has increased by 20 thousand for the last 6 months. More than 191 thousand people have the problem of covering their debts. There are many citizens who failed to pay administrative fines or other debts and may face loss of property. Representatives of non-governmental organization “Public and Banks” believe that the increased number is the result of difficult social conditions and low rate of economic growth in the country. 
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Results of increase of excise tax on tobacco products
Update Time: 2017-02-07 20:42:00
The price of tobacco has increased by 15.5% in the last month due to increase of excise tax. The index of realization has slightly decreased. However, consumers tend to choose law-price products. The risks smuggled cigarettes’ import increased. Control on smuggling is tightened. 
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Increase of inflation rate and consumer prices
Update Time: 2017-02-03 12:25:00
Inflation rate has increased by 4% in January, Statistics National Department reports. Prices on various products increased by 2, 9 percent in comparison to December.Prices for vegetables increased by 22%, fruits – 9%, dairy products and fish – 3%, meat – 2%. The National Bank of Georgia (NBG) expects stabilization of consumer prices starting the second half of the year. 
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Will Beeline ensure telecommunication service of state agencies?
Update Time: 2017-02-01 20:30:00
Beeline was the only company, which participated in the tender announced for provision of telecommunication service of state agencies. The tender ended on February 1. However, Communications Regulation Commission says that Beeline does not meet tender conditions. The company's Director General says they meet all the conditions required by the tender. “We are the only applicant. We are very glad that we will provide the best service to the state. We will do everything to ensure that the authorities are provided with a very high-quality, professional services”, - Giorgi Tkeshelashvili said.As for the statement of the Communications Regulatory Commission, according to which, Beeline cannot meet the tender conditions, in particular, the company cannot provide 3G services across the country, Tkeshelashvili replied by saying that this is not required by the tender and none of the companies can provide such a service in Georgia.
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