Sep
30
SEP Participates in $21.9 million Bridge Financing Facility at Madagascar Oil (PDF)
SEP African Ventures announces participation in the $21.9million Madagascar Oil Limited Bridge Financing Facility (Zurich: 30th September 2015)
SEP African Ventures announces participation in the $21.9million Madagascar Oil Limited Bridge Financing Facility (Zurich: 30th September 2015)
Georgia’s real GDP grew 2.3% year-on-year in August, according to preliminary data released by the state statistics office Geostat.
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Although it fails to provide “real reform” of the Prosecutor’s Office, President Giorgi Margvelashvili has signed a bill into law introducing new rule of selecting and electing chief prosecutor, his parliamentary secretary said.
Parliamentary committee for human rights gave a go-ahead to formal initiation of a bill, which, if approved, would set mandatory quotas for women to help increase the number of female members in the legislative body
ANTANANARIVO, Sept 23 (Reuters) – Madagascar’s economy is expected to grow by 3.2 percent in 2015, the International Monetary Fund said, slower than its previous 3.5 percent forecast as falling commodity prices, slowing tourism sector and power cuts hurt output.
The Georgian government proposed state budget for 2016 will set next year’s economic growth forecast at 3%, PM Irakli Garibashvili said at a government session on September 23.
The National Bank of Georgia (NBG) raised its key refinancing rate by one percentage point to 7% on September 23, citing “significant increase in the inflation expectations” amid depreciation of the national currency lari.