Georgian statistics Organization needs to re-establish trust
03 March, 2011
Georgian statistics Organization needs to re-establish trust

Geostat, official statistics body of Georgia, assesses its yearly work as positive but acknowledges that it still lacks trust and needs to work hard to this end.
Geostat, having changed its status as a governmental body into public law entity a year ago, reported on results of reform undertaken at the official statistic body during a year on February 23, 2011.
According to Zaza Chelidze, Director Executive of Geostat,   a lot of reforms have been implemented at Geostat during a

“The first and most important reform was adoption of the modern standard of information dissemination, as well as sophistication of research methodology. We work with international organizations and statistics bodies very intensively and plan to launch new projects,” Chelidze stated and stressed that the out of problems they faced during the reported year lack of trust is the key point. He accentuated that there was less trust toward the official statistics body for years, and this problem still needs to be solved.  He promised to work hard to this end.
According to Chelidze, during a year a new web-page of Geostat was worked out, also key methodologies of calculation price, employment, subsistence minimum, national accounts and Foreign Direct Investments are worked out and put at the web-page.  Geostat top official assured that the statistic researches became much more sophisticated and operative, and that based on World Bank’s Statistic Capability Indicator  index 2010 Georgia got 94 scores out of 100 while the average data for developing countries is 64. Geostat also joined Special Data Dissemination Standard (SDDS) of the International Monetary Fund.
According to Soso Archvadze, an independent economic analyst and former head of statistics body, the lack of trust toward Geostat is reasoned by lack of comprehensive information, its calculation methodology and lag in time.
“What they calculate is more or less in line with the international standards but there is a deficit of comprehensive information. In some cases they have database of certain information that is important to consumer but Geostat does not work out these data, sometimes they simply do not have due data,” he told Georgian Journal.
For example Geostat still has not provided by data for households-related works and expenses for 2009-10, the data of employment lacks employment structure based on separate sectors of economy.
“We live in the epoch of information and we must not learn information after 6-9 years, provision by operative information is crucial for government and lag in time of information provision should be eliminated. We joined the IMF’s SDDS but do not belong to the number of developed countries from many positions [of SDDS] point of view,” Archuadze elaborated.
Out of about thousand indicators of EU statistics standards Georgia responds to only 45% while one of the key demands of EU toward Georgia that strives to conclude free trade agreement with EU is streamlining with EU statistics and no country is supposed to become serious trade partner to EU without full harmonization statistics standards.
Statistics body is supposed to provide with information that should be interesting to government, potential investors and ordinary people alike so as to create a demand for statistics information.
“Statistics includes potential trends that cannot be discerned on the surface but are crucial and everybody must know what is going on in the country for all what happens is due to lack of objective information provision of which is function of statistics body. It must work out information on regions [that is still mising], and hold seminars for media to raise awareness of the society, if they fulfill everything they will gain trust,” Archuade concluded.

Other Stories
Everything of comfortable life in one space – Second part of construction of one of the largest apartment complexes finished in Tbilisi
Apartment in ecologically clean environment, thousands of square meters of green yard, swimming pools, places for various sports activities, treks for walking and running, commercial spaces – all these available in one space is not a fantasy.
Batumi awarded Europe's Leading Emerging Tourism Destination 2019
World Travel Awards Europe Gala Ceremony 2019 took place on the 8th of June in Madeira, Portugal.
Coca Cola to open new factory in Georgia, will hire female drivers
Coca Cola is opening new factory in Georgia in December.
World's best party supply company now on the Georgian market
The largest party supply store in Georgia - MyDay is launching as the official distributor of AMSCAN from 2019.
Live as a marketing tool and an unprecedented live stream launched by Livetag
Sharing information has become smoother and more versatile in today’s technological world. Recently, live streaming, an online streaming media has become especially popular.
Theme and program of Caspian Energy Forum Tbilisi – 2019 changed
“The 8th International Caspian Energy Forum Tbilisi – 2019, scheduled for June 21, will focus on the development of the Azerbaijan-Georgia relations in the field of economy and energy”,
Misunderstanding over Poti deep sea ports
There was misunderstanding around deep sea ports in Georgia – in Poti.
High demand for dollars or the investment decline – Why Georgian Lari depreciates
$1 equals GEL 2,7470 in the official rate set by the National Bank of Georgia (NBG).
PSP Group confirms negotiations regarding purchasing of GEO Hospitals
PSP Group confirms negotiations regarding purchasing of GEO Hospitals.
New life to be given to Dashbashi Canyon
Georgia’s Agency of Protected Areas is planning to give new life to Dashbashi Canyon in Tsalka (southeastern Georgia).
Who is constructing “Khadori 3” Hydropower Plant in Pankisi Gorge?
Clashes broke out in Pankisi Gorge, Georgia’s northeastern region between special forces and residents
Business Positive – Successful radio program from Radio Positive
Starting point of radio program Business Positive is to meet interesting people, communicate with them and deliver information that is interesting for the audience.
A factory of electric vehicles to be built in Kutaisi
Prime Minister Mamuka Bakhtadze stated that a factory of electric vehicles will be built in Kutaisi at the presentation of the Aigroup business group.
Qvevri-shaped hotel complex to be built in Telavi
A Qvevri-shaped hotel complex is scheduled to be built in the village of Shalauri in Telavi, Kakheti (east part of Georgia).
Georgian designers presented at Fashion World Tokyo 2019
The products of 11 Georgian designers are showcased at Fashion World Tokyo 2019,
Silknet raises $200 million in Eurobond issue
27 March 2019 - JSC Silknet (“Silknet”), one of Georgia’s leading telecommunications operators, has successfully priced a debut $200 million 5-year 11% senior unsecured bonds issue (the “Notes”).
Pistachio trees will be planted in Georgia
Dozens of hectares of Pistachio are planned to be planted in Georgia this year.
Toyota Safety Sense and Hybrid Technology
Toyota Caucasus, has presented two new models the 5th generation RAV4 and the 12th generation Corolla at Rustavi International Motorpark, several days ago.
Bidzina Ivanishvili “became number one oppressor of businesses in Georgia” - ICC Georgia chairman Fady Asly
Mr. Ivanishvili promised the business community to protect them from harassment and pressure, unfortunately his words died with the sunset of that day
The best brands of Belarus will be exhibited on a large-scale exposition in Tbilisi
"The Belarusians like to come to Georgia to relax near the sea in Batumi as well as to stay in sunny Kakhetia."
Don’t treat business like a hooker! - Georgian businessman Vasil Soprpmadze addresses politicians
Businessman Vasil Sopromadze, founder of the company "Fresco", addresses politicians
RAV4 No Compromise and Corolla Set to Impress – Two New Cars Presented by Toyota
Toyota Caucasus, the company constantly aspiring to greatness, has presented two new models the 5th generation RAV4 and the 12th generation Corolla.
Mamuka Khazaradze quits TBC bank, does not sell the TBC Bank share
I made a decision to leave TBC bank where I spent 27 years of my life
10 Reasons to buy an apartment in the suburbs
There is a tendency for Tbilisi dwellers to move from central parts of the capital to the suburbs.
Georgian citizens are granted the right to work in France
The French Embassy in Georgia made remarks on granting Georgian citizens the right to work in France
GEL Exchange Rate
Other Stories
Recently Toyota rolled out Global Campaign under this slogan that reflects the Olympic and Paralympic Spirit of Encouragement,
A couple from Switzerland combines Swiss tradition and technology with Georgian products. Their cheese is made in the Georgian mountains and sold in local stores and hotels.
It has been more than five years since the residents of Lilo village, near Tbilisi, cannot open their windows.
63 000 GEL was received by the Georgian Agro Export Group which is just a small part of the European Neighbourhood Programme for Agricultural and Rural development.
Georgian entrepreneur Guka Tavberidze, who runs his own business in the UK and does it quite well, has been invited by BBC
The grand opening of 7-star The Biltmore Hotel Tbilisi took place in Georgia’s capital on July 31.
DUSHETI, Georgia – The Georgian government and the World Bank will allocate USD 5.6 million (12 million GEL) to fund
A new Georgian clothing brand named Person has emerged in Georgian market.
Georgia is in the midst of an economic maelstrom, Euronews reports.
Situation at Georgia’s mineral water market is interesting: over the last year, the volume of export has grown by 56 percent. According to “GeoStat”, over $114 million worth of mineral water was sold
GEL Exchange
July 2019
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31