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Dimitri Kumsishvili:
Georgia’s credit rating improved

Verdict:  Dimitri Kumsishvili’s statement is TRUE.   Resume:  On 16 March 2018 the Fitch credit rating agency published Georgia’s latest credit rating assessment. Fitch kept Georgia’s BB- credit rating unchanged although rating prospects did improve and the BB- stable was changed to a BB- positive which is the best result Georgia has achieved thus far. […]

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True
Roman Gotsiridze:
Salaries in Georgia’s regulatory commissions reach GEL 14,000-16,000 and a wage ceiling has not been established

Verdict: Roman Gotsiridze’s statement is TRUE.   Resume: There are two regulatory bodies in Georgia:  the Georgian National Energy and Water Supply Regulatory Commission (GNERC) and the Georgian National Communications Commission (GNCC). Of important note is that funds for the expenses of these regulatory bodies are allocated from funds paid directly to the regulatory commissions by private organisations and not from […]

190 Views
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True
Dimitri Khundadze:
Poverty rises in parallel with an increased number of children in a family

Verdict: Dimitri Khundadze’s statement is TRUE.   Resume: Dimitri Khundadze made his statement on the basis of UNICEF’s last research published in 2015. This research, entitled Well-being of Children and their Families, shows that poverty figures are higher in families with children as compared to childless families across every criteria of poverty assessment. In addition, […]

378 Views
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True
Archil Talakvadze:
Employment in the public sector is not increasing. Instead, administrative and government expenses have been cut in this sector whilst the employment figure in the private sector is on the rise

Verdict: Archil Talakavadze’s statement is MOSTLY FALSE.   Resume: Generally, employment is divided into two main sectors – private and public. It is beneficial for the economy if employment in the public sector (in other words, bureaucracy) is low and jobs are created by the private sector. Archil Talakvadze highlights this aspect in his statement. […]

761 Views
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Mostly False
Dimitri Kumsishvili:
The turnover of enterprises increased by 12.1% in March 2018 whilst the number of newly registered enterprises reached 4,786

Verdict: FactCheck concludes that Dimitri Kumsishvili’s statement is TRUE.   Resume: The turnover of VAT paying enterprises amounted to GEL 5,855.9 million in March 2018 which is 12.1% more as compared to the same month of the previous year. In March 2017, the growth rate was even higher by 4.6 percentage points, reaching 16.7%. In terms […]

260 Views
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True
Zurab Tchiaberashvili:
The number of those employed in small business has fallen from 46% to 42%

Verdict: Zurab Tchiaberashvili’s statement is TRUE.   Resume: As of 2016, the total number of those employed in enterprises was 667,000. Of this amount, 46% (307,000) were employed in small-size enterprises. In 2017, the number of those holding employment in small enterprises decreased by 30,000 whilst the number of those employed in large and medium-size enterprises increased […]

167 Views
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True
Irakli Kobakhidze:
Georgia’s GDP per capita was USD 3,500 in 2012 and today it is slightly more than USD 4,000. We have a harsh social environment in these conditions

Verdict: Irakli Kobakhidze’s statement is MOSTLY TRUE.   Resume: The figures named by Irakli Kobakhidze match the figures of the National Statistics Office of Georgia. However, the Office’s figures for 2012 and 2017 are not comparable to each other because the results of the 2014 universal public census have not been taken into account. In accordance […]

222 Views
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Mostly True
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