Goga Melikidze: Yield on Pension Assets Exceed Annual Inflation 2.3 Times

The yield on pension assets exceeds the annual inflation 2.3 times, Goga Melikidze, a senior officer of the Pension Agency’s Investment Board noted.

“We have placed pension assets into the instrument with an annual effective 11.1% and the figure exceeds the annual inflation 2.3 times (4.8% as for August, 2020) and the GEL profitability indicator 1.3 times”, Goga Melikidze noted. Pension savings have already earned yield of GEL 79.5 million, he added. Every month more than 9,000 citizens join the contributory pensions scheme, the Pension Agency officials noted.

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Goga Melikidze: Yield on Pension Assets Exceed Annual Inflation 2.3 Times

The yield on pension assets exceeds the annual inflation 2.3 times, Goga Melikidze, a senior officer of the Pension Agency’s Investment Board noted.

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Goga Melikidze: Yield on Pension Assets Exceed Annual Inflation 2.3 Times

The yield on pension assets exceeds the annual inflation 2.3 times, Goga Melikidze, a senior officer of the Pension Agency’s Investment Board noted.

Last 7 Days Hot Topic

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 03

Georgia Sees Surge in Electric Vehicle Registrations 04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
03

Georgia Sees Surge in Electric Vehicle Registrations
04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06