Education in Georgia is essentially the responsibility of the public sector (the vast majority of total enrolmentin the case of General education) and has received a lot of attention in recent years with public outlays to the sector tripling between 2010 and 2019 to reach 3.6 percent of GDP. This remains low by OECD standards, however: OECD countries spend on
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Volski: “The ministers’ salaries have decreased significantly as compared to 2012. The
The FINANCIAL -- Economy
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The FINANCIAL -- The Khachapuri Index continued its upward trend in November 2017, with the average cost of cooking one standard Imeretian Khachapuri reaching 3.70 GEL. This is 1.8% higher month-on-month (compared to October 2017), and 7.1% higher year-on-year (compared to November
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The FINANCIAL -- In October 2017, Georgian power plants generated 828 mln. KWh of electricity, marginally up (+0.79%) compared to September. Following the traditional seasonal pattern, the share of electricity produced by renewable sources declined to 71% of total generation (87% in
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The FINANCIAL -- Compared to the last month, in November 2017, FRUIT prices declined by 4.2%. Nevertheless, the m/m AGRIndex reached +2.5% — the highest value since February 2017. Big share of the gain in the AGRIndex was derived from increased VEGETABLE
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The FINANCIAL -- People all over the world love traveling. Traveling lets us escape from a stressful work atmosphere, enjoy exciting adventure, gain valuable experience, meet interesting people, see new breathtaking places, and taste amazing exotic food. Therefore, it is not surprising
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The FINANCIAL -- According to a nationally representative sample of 367 individuals undertaken in early October 2017, ISET’s CCI index added 0.2 index points, rising from -19 in September to -18.8 points in October. Similar tiny movement was observed in both sub-indices:
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The FINANCIAL -- The average cost of cooking one standard Imeretian khachapuri in October 2017 was 3.64 GEL, which is 0.2% higher month-on-month (compared to the previous month), and 7.2% higher year-on-year (compared to the same month of the previous year).
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The FINANCIAL -- Economy
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