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 -- In March 2019, the average cost of cooking one standard Imeretian khachapuri declined slightly to 3.51 GEL, which is 0.8% lower MoM (compared to February 2019), and 1.1% lower YoY (compared to March 2018).
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The FINANCIAL -- In 2018, the United States (€674 billion, or 17.1% of total extra-EU trade in goods, i.e. the sum of exports and imports) and China (€605 bn, or 15.4%) continued to be the two main goods trading partners of the
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The FINANCIAL -- Today is the International Day of Forests, which is celebrated every year on 21 March to raise awareness of the importance of forests of all types.
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The FINANCIAL -- How serious of a problem is cybercrime? A study by Cybersecurity Ventures predicts these crimes will cost the world $6 trillion a year by 2021. This is a big number, but it’s no surprise to anyone who has followed
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The FINANCIAL -- UK growth to be more balanced across regions in 2019-20, with London no longer growing significantly faster than the UK average as it has for most of the past three decades
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The FINANCIAL -- American Friends of Georgia (AFG) continues promoting tradition of philanthropy and encouraging development of the culture of corporate social responsibility in Georgia and on March 30, 2019 at the Grand Sheraton Hotel is holding Annual Charity Gala “Restore Life”. AFG
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The FINANCIAL -- Consumers are increasingly using digital technology for more than just shopping. There is a revolution occurring in how consumers access entertainment and media, for example. Thirty-eight percent of global consumers stream entertainment at least daily, and among Gen Z consumers,
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The FINANCIAL -- As the financial services sector continues its rapid growth on the Georgian market, Nexia TA strives to become its brightest representative.
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The FINANCIAL – In January 2019 compared with December 2018, seasonally adjusted industrial production rose by 1.4% in the euro area (EA19) and by 1.0% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In December
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The FINANCIAL -- In 2017, total government expenditure in the European Union (EU) amounted to 45.8% of gross domestic product (GDP). This share has steadily decreased since 2012, when it stood at 48.9% of GDP.
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