Scientists found evidence that world’s earliest known vintners were Georgians. An international team of archaeologists found the oldest-known evidence for wine-making
Georgian cuisine is the integral part of Georgian culture and traditions.
Archive Calendar
«« November 2017 »»
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30
Exchange Rates
18-11-2017
GBP
1
GBP
3.6097
SGD
1
SGD
2.0106
ZAR
10
ZAR
1.9266
EUR
1
EUR
3.2176
Georgia ranked highest in Europe and Central Asia in Doing Business report – Giorgi Kvirikashvili
21:20 31-10-2017
Georgia ranked highest in Europe and Central Asia in Doing Business report – Giorgi Kvirikashvili Georgia advances 7 positions and is ranked highest in Europe & Central Asia in World Bank's Doing Business 2018 report, - Georgia’s Prime Minister Giorgi Kvirikashvili has responded to the World Bank report results according to which Georgia has been ranked in the top ten countries.

As reported by Georgia’s governmental administration, Reforming to Create Jobs ranks Georgia on 9th place among world's 190 countries, highest in Europe and Central Asia. Georgia's score improved by 2.12 points to make up 82.04 points, and the country has advanced from 16th to 9th place. Compared to 2017, in 2018 Georgia surpassed countries like Sweden, Macedonia, Estonia, Finland, Australia, Taiwan (China), and Latvia. Georgia remains exceptional in Europe and Central Asia as a country that has taken important steps toward better and more effective regulations. Country's success in the World Bank's rankings has been predetermined by the Government's effective and coordinated work.

The Government of Georgia has implemented, and continues to implement, reforms that further advance Georgia's position in the World Bank's ratings for next year. Notably, Georgia's positions have improved in 5 indicators:

• Starting a business: 4th place (8th in 2017)
• Getting electricity: 30th place (39th in 2017)
• Protecting minority investors: 2nd place (7th in 2017)
• Enforcing contracts: 7th place (16th in 2017)
• Resolving insolvency: 57th place (106th in 2017)

Compared to the 2013 Doing Business Report (which was published in 2012), Georgia's positions have improved in the following 6 indicators:

• Starting a business: 4th place (7th in 2013)
• Getting electricity: 30th place (50th in 2013)
• Protecting minority investors: 2nd place (19th in 2013)
• Paying taxes: 22nd place (33rd in 2013)
• Enforcing contracts: 7th place (30th in 2013)
• Resolving insolvency: 57th place (81st in 2013)
The 2013 report ranked Georgia 9th. It should be noted, however, that Doing Business changed its methodology after 2013 (qualitative indicators were added to simplicity and speed indicators) and recalculated the results of the previous years.

Georgia's 9th place according to the 2013 report now equaled 23rd. Accordingly, the country has advanced by 14 points compared to 2013. The significant success in the 2018 ranking and the country's international recognition stem from the reforms implemented by the Government of Georgia.

Doing Business finds that Georgia implemented substantive changes in the local regulatory framework in the following areas in 2016-17:

• Getting electricity was made more affordable, by reducing connection costs for new customers.

• Protections for minority investors were strengthened. This was achieved by making it easier to sue directors in cases of prejudicial transactions between interested parties, by increasing shareholder rights and their role in major corporate decisions, and by clarifying ownership and control structures.

• Resolving insolvency was made easier, by making insolvency proceedings more accessible for debtors and creditors, by improving provisions on the treatment of contracts during insolvency, and by granting creditors greater participation in important decisions during the proceedings.

"With tangible reforms implemented in three key areas this year - making electricity more affordable, strengthening minority investor protections, and making resolving insolvency easier - Georgia continues to be a top reformer in the Europe and Central Asia region, and is poised to accelerate inclusive and sustainable growth," said Mercy Tembon, World Bank Regional Director for the South Caucasus. "We commend the Government of Georgia for this remarkable achievement and encourage them to maintain this momentum."



სხვა სიახლეები
Hope whoever replaces Mr. Nanuashvili, is also independent – Ian Kelly
We hope, whoever replaces Mr. Nanuashvili, is also independent, - U.S. Ambassador to Georgia Ian Kelly has told reporters.
CoE Commissioner for Human Rights urges Georgian Authorities to refrain from attacks on Public Defender
Council of Europe Commissioner for Human Rights Nils Muižnieks condemned the attacks of Georgian justice minister Tea Tsulukiani on the Ombudsman and called for refraining from such comments. He stated this in an exclusive comment to FrontNews International.
We believe Georgia will become a member of NATO – U.S. Ambassador Kelly
We believe Georgia will become a member of NATO… We have always been supporting its NATO membership; - U.S. Ambassador to Georgia Ian Kelly has told reporters.
Georgia and Ukraine are now focused on reforms; NATO and its allies help both countries – Stoltenberg
The North Atlantic Alliance keeps adhering to the open door policy and is ready to accept new members., - the Alliance Secretary General has told Ukrinform.
 It seems Ucha Nanuashvili is preparing for political activity after he is no longer Public Defender - Irakli Kobakhidze
It seems Ucha Nanuashvili is preparing for political activity after he is no longer Public Defender, - said Irakli Kobakhidze, the Chairman of the Parliament of Georgia.
 Mikheil Saakashvili says Rustavi 2 journalist was kidnapped in Kiev
According to former president of Georgia Mikheil Saakashvili, Rustavi 2 journalist Tamaz Shavshishvili was kidnapped in Kiev.
 NGOs express concern about critical statements against Public Defender
NGOs are concerned about the statements made against Public Defender Ucha Nanuashvili and the Public Defender’s Office, which have recently been disseminated by
“Deprived Adolescence” - UNFPA Georgia presents the photo exhibition by Daro Sulakauri
UNFPA Georgia presents the photo exhibition by Daro Sulakauri “Deprived of Adolescence” on March 11, 2016, 16:00 at Zurab Tsereteli Museum of Modern Art (MOMA Tbilisi - 27 Rustaveli Av).