News
The AYFB held first business council meeting
In the format of the new Business Platform of the Association of Young Financiers and Businessmen, at the meeting held in Radisson, the challenges in the financial sector were discussed. The members of the AYFB business council are large and medium -small businesses operating in Georgia, as well as representatives of NGOs and analysts.
The „AYFB“:NBG doesn’t comply with IMF requirements
„The association of Young Financiers and Businessmen - AYFB“ urges, that NBG refuses to implement IMF recommendations so far and this is having extremely negative impact on economic development of the country.
Georgian NGOs: “Young Barristers” and “AYFB”, held a round table examining EU-Georgia Deep and Comprehensive Free Trade Area and its impact on Georgian economy
Georgian NGOs: “Young Barristers” and “The Association of Young Financiers and Businessmen - AYFB” held a round table to examine DCFTA – a most important part of EU-Georgian Association Agreement. The meeting focused on the activities implemented by the Government in compliance with the requirements determined by DCFTA in record of trade, economy and industry, effectiveness and efficiency of these activities, as well as their problematic sites. The discussion was attended by different entrepreneurs and businessmen, who have evaluated impact of the Association Agreement on the country’s economy. The round table examined such issues as the opportunities and projects for local entrepreneurs which will help to promote their exports in EU, the level of the trade development with EU, the main barriers and obstacles for entrepreneurs refraining export with EU and effective use of all potentials and possibilities, offered by DCFTA .
The “AYFB” believes that the Government’s decision, protecting solitary and disabled pensioners, is fair
The Association of Young Financiers and Businessmen – AYFB believes, that the decision, made by the Government in order to protect solitary and disabled pensioners, who were left beyond the scope of the program supporting socially vulnerable population, is fair and well-justified.
How were Ortachala and Jinvali Hydroelectric Power Stations (HPP) seized from their legal owners
“The Association of Young Financiers and Businessmen - AYFB” has studied the cases of “Ortachala HPP” and “Jinvali HPP” seizure from their legal owners during the period of “United National Movement” governance. The LTD “Ortachalenergy”, which was managing State property - “Ortachala HPP” since 1994, on the ground of the lease agreement concluded with the Government, was driven away from the object through grave violation of the legislation in 2008, 11 years before the lease contract term expiry.
Big hydro-electric stations are essential for tariff stabilization
“The Association of Young Financiers and Businessmen - AYFB” comments on the tariff correction resolution adopted by the Government and makes some references regarding the issue.
Increasing tariff for thermal power plants is relevant
“The Association of Young Financiers and Businessmen - AYFB” comments on the decision made byGeorgian National Energy and Water Supply Regulatory Commission about increasing tariffs for thermal power plants.