TODAY:

economics

TOTAL FOREIGN DEBT OF GEORGIA REDUCED BY 0.1% IN Q1

National Bank of Georgia (NBG) reports that by the state of March 31, 2009, total foreign debt of Georgia amounted to $7.703 billion lari, which is less by 0.1% compared with the beginning of the year. Out of which, the governmental sector accounted for the largest share again – $2.24 billion, which is less by 0.9% compared with the beginning of the year.

15.49M LARI ENTERED BUDGET FROM MINING LICENSES IN Q1

Georgian Economic Development Ministry reports that 15.49 million lari was entered the budget in the 1st quarter of 2009 from issuing licenses for natural resources use. Out of which, the largest sums were mobilized in March (7.3 million lari) and in June (5.2 million lari).

NEW CUSTOMS CHECKPOINT WAS OPENED ON GEORGIAN-ARMENIAN BORDER

Georgian Finance Ministry reports that a new customs checkpoint Guguti was officially opened today on Georgian-Armenian border. Construction started in November 2007.

FREE ZONE LAUNCHED IN KUTAISI

Economic Development Ministry reports that free industrial zone has been launched in Kutaisi today. The customs checkpoint was officially started in the zone as well.

business

BANK CARTU HAS NOT YET STARTED MASTERING OF EBRD CREDIT LINE

Bank Cartu said that it has not yet started mastering of the credit line, allotted by the European Bank for Reconstruction and Development (EBRD). As the bank told Sarke, those projects are designed at this stage, which may be financed in terms of the credit line.

SAKHALKHO BANKI OFFERS SOCIAL DEPOSIT

Sakhalkho Banki (Peoples Bank) informs on new Social Deposit, being offered from today. Minimal initial deposit is 5 lari, annual accrued interest – 16%.

CHINESE JADE CARGO INTERNATIONAL TO CARRY OUT CARGO FLIGHTS VIA GEORGIA

Georgian Single Transport Administration announced that Chinese air company Jade Cargo International will carry out transit flights via Georgia since July 2. The matter concerns flights from Frankfurt (Germany) to Inchon (South Korea).

SAGAREJOGAS TOOK IN LEASE PIPE, LINKING NINOTSMINDA GAS FIELD AND KHASHMI VILLAGE

Georgian Oil and Gas Corporation announced that gas pipeline, connecting Ninotsminda gas field to village Khashmi, through which gas main is passing, has been given in lease to Sagarejogas. The mentioned company was the only participant of auction, announced by the Corporation on June 16.

MAGTI LEADS IN TERMS OF SUBSCRIBERS’ NUMBER

According to data of July 1, 2009 of 3 mobile communication companies, operating in Georgia, Magti has more than 2 million subscribers, Geocell – more than 1.8 million, while Mobitel (Beeline brand) has 420,000 subscribers. At that, number of Mobitel’s subscribers increased since the beginning of the year by 37.7%.

LAND PLOT IN BATUMI IS AUCTIONED AT 1.07M LARI

Batumi City Hall has brought to the auction land plot, located on Queen Tamar Avenue. Starting price of the plot, making 3,556 square m in area, amounts to 1.07 million lari.

PART OF LLC SANITARI GLDANI-2000’S PROPERTY SOLD ON AUCTION

Tbilisi Regional Center of Georgian Finance Ministry’s Revenue Service (Tax Inspection) has informed Sarke that property of LLC Sanitari Gldani 2000 was sold partially on the yesterday’s auction. To remind, auction was held for the second time.

For further information:

Sarke