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Daily Archives: November 24, 2014

Expertise by International Fund for Agriculture Development (IFAD)

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FAD Rural Sector Performance Assessments (IFD) Government Effectiveness Allocation & management of public resources for rural development Regulatory Quality Enabling conditions for rural financial services development Investment climate for rural businesses Access to agricultural input and product markets Rule of Law Access to land Access to water for agriculture Control …

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EXCHANGE RATE MONITORING

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 The national currency exchange rate was stable last week. From 14 to November 20 the GEL exchange rate against EUR fell by 0.7% and one EUR rose to 2.2164 GEL from 2.2007 GEL. The GEL exchange rate against USD slightly rose by 0.1% to 1.7652 point from 1.7675 point. As …

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ELCOM CAUCASUS 2014 POWER SECTOR FOR SUSTAINABLE DEVELOPMENT

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On November 12 ELCOM CAUCASUS 2014, the second international power sector exhibition, was unveiled at the Expo Georgia exhibitions center. Along with the exhibition, another international traditional conference Power Sector for Sustainable Development was also held. The Power Sector for Sustainable Development conference makes focus on the most important problems …

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“HALTING THE ACTIVITIES OF RMG IS A SERIOUS ISSUE FOR THE ENTIRE COUNTRY”

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Georgian Infrastructural Projects Initiative” organized a presentation in the “Radisson” hotel, showcasing the research “Evaluating Rich Metal Groups’ Social-Economic Results and Influence on Economy.” Economic experts Levan Kalandadze, Irakli Lekvinadze and Nodar Chichinava presented tendencies in the research which reflects today’s issues of gold mining and processing in general as …

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Tbilisi Budget

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In 2015 Tbilisi municipal budget will finance social and health programs by 203 million GEL, that is 25% of total funds. Namely, 168.5 million GEL will be allocated for social projects and 34.4 million GEL will go to healthcare programs, up 8 million GEL compared to 2014. Economic analysts assert …

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NATIONAL BANK KEEPS MONETARY POLICY RATE UNCHANGED

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On November 19, the Monetary Policy Committee of the NBG decided to leave the refinancing rate unchanged at the previous level. Monetary policy rate stads at 4.0 percent. Following the previous meeting of the Monetary Policy Committee, Inflation forecast has been revised downward as new information had been released. The …

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TIME NECESSITATEAS TO INCREASE PENSIONS TO ALL CATEGORIES OF PENSIONERS

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An expert from the Association of Young Financiers and Businessmen Paata Bairakhtari says that the government’s strategy regarding pensions is correct After PM’s meeting with the parliament majority, the Finance Minister of Georgia changed his position regarding pensions and decided to increase them for everyone. Nodar Khaduri announced that instead …

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DMITRY TROITSKY: CULTURAL HERITAGE PROTECTION IS OUR PRIORITY

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Who is Dmitry Troitsky, what is his background and why did he get interested with mining business in Georgia? Who does the rugby sponsor root for during the match and what are his future plans for Georgia? The founder of the company “RMG”, Dmitry Troitski, answers the public’s questions in …

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FOODPANDA AND DELIVERY HERO CLOSE MULTIPLE ACQUISITION-DEALS

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Global online food delivery marketplaces announce acquisitions in India, Mexico and South America – Foodpanda acquires Delivery Hero’s TastyKhana in India and fosters its leading position in one of the biggest food delivery markets worldwide – Foodpanda acquires Delivery Hero’s Mexican business of PedidosYa, as well as SeMeAntoja and Superantojo, …

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4S – OBJECTIVE INSTRUMENT IN RECRUITMENT PROCESS

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HR Forum was held in Courtyard Marriott, organized by Intelligence Development and Assessment Centre (IDAC). Forum was attended by HR Managers of 25 private companies and state organizations. The objective of the forum was (a) discussing the problematic issues in recruitment, job assessment and introduction/implementation of testing for recruitment process …

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