To release the insurance sector of monopolies and interest conflicts, Georgian government plans to ban running pharmaceutical and hospital assets by the insurance companies. However, the dissecting process of deeply entangled Georgian insurance sector, encumbered by non-profile assets must be implemented very carefully, hand-in-hand with the healthcare system reforms lest lead the already affected Georgian insurance to bankruptcy.

Georgian wine and strong drinks that were missing at the Russian market for seven years due to trade embargo, will reappear at Russian trade outlets in two weeks tentatively.

The money attraction and spending scheme practiced by ex-powers that be on financing construction works of the new Parliament building in Kutaisi, bespeaks of money embezzlement.

Reuters published an article about business conditions in former Soviet country, Georgia.
(Reuters) - A political tug of war in Georgia is unsettling business and hurting the economy in the former Soviet state that has won the most international praise for its market-friendly reforms.

After four years of suspension Kazakh management will be restored at KazTransGas Tbilisi, the Kazakh-owned gas distribution network of Georgian capital - Georgian and Kazakh governments agreed during a two-day meeting in Astana past week.

Georgia hosted an annual Constituency Meeting of International Monetary Fund and World Bank from May 31 to June 2, 2013, summoning the managers of central banks as well as ministers of finances and economy of 15 constituency member countries and high rank officials of the World Bank/ IMF in Tbilisi.

USD 10 million worth pig farm project was completed through joint efforts of Partnership Fund of Georgia, banking sector and private investor, Partnership Fund informed Georgian Journal on May 31, 2013. This is the first agricultural project of Partnership Fund charged in management of the state strategic assets of Georgia as well as focused on supporting agriculture sector.

The state and not the companies bear responsibilities for the limp food safety control that dominated during nine years of pseudo-liberal economic policy in Georgia.

To build or not to build Khudoni Hydro Power Plant with around 700 megawatt installed capacity and 1.7 billion kilowatt/hour of output in Georgian highlands of Svaneti is the question the Georgian government has to decide shrewdly. The project, suspended 25 years ago for environmental perils, was put on the agenda again by ex-power that be in 2011 but it stumbled again due to alleged environmental and seismic risks as well as population resettlement and cultural heritage problems.