Home
Category
TV Live Menu
Loading data...

The Pension Agency's Earnings Exceed Inflation By 7.2%

6488196ddc765
BM.GE
13.06.23 11:00
206
The Georgian Pension Agency published the financial report for the month of May. According to the document, the total value of the fund amounts to GEL 3.47 billion. Of which, GEL 2.91 billion was pension contributions made by the citizens, while GEL 556 million - accrued interest on this amount.

According to the pension agency, the net nominal yield of the fund is 8.97%.

The pension agency has savings of 1.3 million citizens.

Currently, citizens' pension contributions are invested in the following assets:

Certificates of deposit issued by Georgian banks - 51%;
Foreign corporate shares - 16.6%;
Georgian treasury bonds - 14.5%;
Profitable accounts - 14.2%;
Foreign treasury bonds - 2%;
Eurobonds - 0.7%.

Subscribe to our news

Get the main news of the day