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 -- Despite death threats, Tomas Krcmar says he doesn't regret denying rooms at his four-star Moravian hotel to Russians unless they acknowledge that Crimea belongs to Ukraine.
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The FINANCIAL -- Turkey says its purchase of Russian S-400 missile defense systems is no reason to exclude the country from the U.S.-led F-35 fighter jet project.
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The FINANCIAL -- Roman Gotsiridze: “In the course of the last six years, Georgia’s GDP growth exceeded that of Armenia’s only twice. In the last six years, there has not been a single instance in Georgia when the GDP growth reached 5%.”
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The FINANCIAL -- News of the conflicts between the local population and the construction company involved in the construction of a small HPP in the Pankisi valley (Khadori 3) hasrecently made it into the headlines. Khadori is a small HPP with an installed
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The FINANCIAL -- The average cost of cooking one standard Imeretian khachapuri in April 2019 was 3.47 GEL, and the Index lost 1.3% compared to the previous month (March 2019).Such a decrease was in line with anexpected seasonal declining trend, which is
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Irakli Kobakhidze: There are 800,000 people in Georgia living below the poverty line. At the current pace, we will need 10-to-12 years to fully eradicate poverty in our country
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The FINANCIAL -- Various business support programs have been implemented in many countries across the world.
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The FINANCIAL -- Zakaria Kutsnashvili: With the current growth rate, we are ahead of the European countries. Germany’s GDP growth rate is 1.17% and ours is 4.5%. Great Britain’s is under 2% whilst the US growth rate is 1.2%. Hence, our 4.5%
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The FINANCIAL -- Fady Asly: “As compared to 2006, Georgia improved its positionin the Doing Business rankingfrom the 100th to the 6thposition, income from tourism increased tenfold and FDI remain the same.”
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The FINANCIAL -- Verdict: FactCheck concludes that Ivane Machavariani’s statement is TRUE.
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