Day: January 17, 2024
External debt of Georgia
Georgia’s public external debt has increased to 8.9 billion dollars. The foreign debt for the last year amounted to 562.149 million dollars.
As of December 2022, the debt amounted to 8.345 billion dollars (22.549 billion GEL at the then exchange rate).
According to data for December 2023, Georgia’s largest creditors are:
● Asian Development Bank. Georgia owes it 2.281 billion dollars;
● European Investment Bank ($1.143 billion);
● International Development Bank ($1.525 billion).
- In Georgia, employers often can’t find staff, and the unemployed struggle to find jobs. Why?
- Transparency International: Georgia’s economic dependence on Russia will continue to grow
- Georgia and China: Advantages and risks of friendship
Georgia’s public external debt does not yet pose a threat to macroeconomic stability and, together with domestic debt, fully complies with the requirements of the Law on Economic Freedom, which, in turn, is based on the Maastricht criteria.
Nevertheless, as economists explain, the money generated by external debt is an expensive financial resource that increases the fiscal burden of the country’s taxpayers, including future generations.
External debt of Georgia
A woman and two children drowned in the Rio Grande on Friday while trying to enter the U.S. near a section of the southern border where Texas National Guard soldiers have prevented federal Border Patrol agents from processing and rescuing migrants. https://t.co/kuOic19E6y
— CBS News (@CBSNews) January 16, 2024
BREAKING: The shooter who killed 5 people at a Colorado LGBTQ+ nightclub in 2022 was charged with 50 counts of hate crimes in federal court. https://t.co/bD40VVC1wD
— The Associated Press (@AP) January 16, 2024
Russia said it will open polling stations for its March presidential election at 3 diplomatic missions in the US. This will allow Russians who don’t want to live in Putin’s Russia, a chance to take part in the most corrupt presidential election in the world.… pic.twitter.com/alfr5MZPnm
— Glasnost Gone (@GlasnostGone) January 17, 2024
Госсекретарь Блинкен в Давосе: “Путин по-прежнему готов отправлять молодых россиян в мясорубку, которую он сам создал, для продвижения собственных интересов. Это огромная трагедия для России”. pic.twitter.com/FGYAxQVppN
— США по-русски (@USApoRusski) January 17, 2024
Love and Politics: Vyacheslav Volodin’s Troubles
Nikolai #Patrushev was told that Vyacheslav Volodin, chairman of the #Russian State Duma, is in a depressed state after breaking up with his boyfriend. To stabilize his mental state, Volodin is consulting with a psychologist… pic.twitter.com/XTgsTwIj1e
— generalsvr_en (@generalsvr_en) January 17, 2024
Live update: Russia and Iran to sign new strategic treaty https://t.co/JAVh3Zz3LM
— ToI ALERTS (@TOIAlerts) January 17, 2024
French President Emmanuel Macron announced plans to deliver missiles and bombs to Ukraine, saying: “We cannot let Russia win.” https://t.co/q3ZWF4u7kB
— The Associated Press (@AP) January 16, 2024
Hamas terrorist tried to sell decapitated Israeli’s head for $10,000: Victim’s father blasts ‘insanely barbaric’ violation of his son’s body as his head is discovered in a freezer in Gaza https://t.co/JQqYYJoqDe pic.twitter.com/50v3nj2R7N
— Daily Mail Online (@MailOnline) January 17, 2024