Effective settlement date 10 September 2018, Clearstream Banking S.A. will offer settlement, custody and asset servicing for selected Georgian corporate bonds.
News
Upon the initiative of the government, the turnover tax for small entrepreneurs will be reduced five times, in addition, the enterprise with a turnover of up to 500,000 GEL will be included in the category of the small entrepreneur.
On February 2 2018, the second phase assessment of SME/Innovations Development reform was conducted within ReforMeter.
ISET created a pension calculator, based on Pension Reform concept.
“In addition to causing severe damage to hazelnut trees, pharosana destroyed all the fruit trees, particularly tangerines and feijoa. It damaged maize as well,” – said Marina K, 67, village Repi, Abkhazia region.
Norberto Pignatti (ISET) on Georgian Pension Reform
Giorgi Abashishvili, Head of the Administration of the President of Georgia, joined the ReforMeter Steering Committee
In 2019, as well as in 2020, pensions will increase by 20 GEL, - First Deputy Prime Minister and Finance Minister Dimitri Kumsishvili said at the parliament’s plenary session.
The Government of Georgia introduced a new Supplementary Pension Scheme
Gigla Mikautadze, the manager of ISET’s “ReforMeter” project, was invited by the International Monetary Fund to the annual meetings of the World Bank Group and the IMF which took a place in Washington D.C. October 9-14.
Within ReforMeter, the VET reform has been evaluated
According to the NBG's data of August 2017, the annual market interest rate on loans is 17.4% (in 2016 -14,4%).
On September 27, 2017, the first assessment of Pension Reform was conducted, within “ReforMeter”. Based on the Government Survey, 38.8% of the reform is already implemented. At this stage, the reform concept is elaborated and approved by the Government. I
In the framework of the program, it will be allocated from 15 thousand to 100 thousand small and medium-sized grants for young entrepreneurs.