The Georgian government is currently working on the draft of a new Code on Spatial Planning and Construction, with the aim of increasing the safety of new constructions while consolidating the great achievements obtained in terms of effectiveness in the delivery of construction permits.
Any Georgian growing up in the “dark” 1990s (a literally dark, and rather gloomy period in the recent history of our country) would remember the canned milk powder distributed, together with some other goodies, to families with children aged below 5. These black and white cans were often used as flower pots in many of these families…
In September, sale prices for residential properties in Tbilisi declined significantly compared to the previous year (-8.6 %). In terms of area, Old Tbilisi continues to lead the price index, at 1,143 USD per m2 in September.
So far, many Georgians solved minor health problems in a non-bureaucratic way. Instead of consulting doctors, they asked friends, relatives, and the internet what medicine should be taken as a remedy for a given issue. Once they had received enough information, they went to a pharmacy, and, with some additional advice from the pharmacist, bought the medicine they expected to be helpful.
Key findings The Business Confidence Index (BCI) improves and reaches 40.4 index points. The seasonal factor has been driving a positive outlook. Most firms are optimistic about the next three months. The sales price expectations are outstandingly increased for the retail trade sector.