During the week, 719.4 thousand of Bank of Georgia Group PLC (BGEO LN) shares traded, closing at GBP 8.47 (up by 5.2% WoW) on the Friday’s trading session.

Imports of goods also declined (-38.5% YoY), primarily reflecting falling imports of transport equipment (-69.9%) and capital goods (-55.6% YoY). Lower imports of fuels (-51.4% YoY), industrial supplies (-31.4% YoY), and consumer goods (-30.4% YoY) also significantly contributed to the overall decline.

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The company’s basic income is generated from the realization of natural gas. GOGC buys it from Azerbaijan state company based on the agreement between those two companies.

"We are waiting for instructions, we have received no instructions yet. We are fully prepared. I am well aware of the current epidemiological situation, the need for caution, but when the decision is made, the City Hall, the relevant services are in full readiness to provide public transport service to the population”, Kaladze said.

Six commercial banks participated in the auction. The total demand amounted to GEL 164 450 000. Minimum yield was 8.750%, maximum yield was 9.260% and the weighted average yield was 9.111%.

"The government realizes the difficulties facing the population due to the impose restrictions, especially on the public transport, and reiterates that these steps are aimed at avoiding threats to public health and maintaining positive results in the fight against coronavirus".

Namely, the average rate of GEL denominated loans increased by 1.8 percentage points to 21.9% compared to March, while the average rate of loans denominated in foreign currency increased by 1.3 percentage points to 6.1%.

According to the bill, one of the members of the board still will be the president of the NBG. However, the number of vice-presidents will be three. However, Board will be considered authorized, if minimum number of board members will be determined by 5 instead of existing 4.

Similarly, as for incomes, the amount of households expenditures in urban areas is considerably higher and equals to 764.4 million GEL. The same indicator for rural areas amounted to 455.7 million GEL.

The number of outbound visits by Georgian visitors from above-mentioned number made up 452.5 thousand, which is 6.7 percent lower compared to the previous year.

In 2021, total oil demand in Europe is expected to average at 13.6 million bpd and road fuel demand at 6.7 million bpd.

It said 4 more recoveries from the virus have been recorded, raising the total number of the recoveries to 526.

This paper, drawing on the collective experience of the International Chamber of Commerce’s global network of 45 million businesses operating in over 100 countries, seeks to identify the most common and pressing customs problems and offer practical suggestions for their resolution.

As people stayed indoors and brick-and-mortar stores remained shut during the health crisis, online orders surged, with the company’s core commerce business rising nearly 19% to 93.87 billion yuan ($13.16 billion) in the quarter.

According to the draft amendments to the Law on State Property, the forest areas adjacent to the Orthodox churches and monasteries may be transferred to the Georgian Apostolic Orthodox Church.

ADB’s ordinary capital resources’ operating income totaled $1.1 billion in 2019, up from $889 million in 2018. The 2019 net income was $1.554 billion, up from $750 million in 2018.

As of the statement made by the government, process of excess VAT return should be widened due to the crisis of COVID-19 and it should be increased up to 1.2 billion GEL. According to this promise, more than 900 million should be returned in the remained months until the end of this year.