Page 21 - GEORptJun20

4.0​ Real Economy 4.1​ Industrial production
Industrial activities to restart and various shops to open in Georgia on May 11
Industrial production rises 12.2% y/y in 4Q19
All kinds of production activities will be resumed in Georgia from May 11, Prime Minister Giorgi Gakharia said on May 7, announcing a government decision on lifting coronavirus (COVID-19) restrictions.
Gakharia added that all shops, except for clothing and shoe stores, would be permitted to open from the announced date.
"From May 11, we will reopen all kinds of production. In addition, we will open all kinds of retail and wholesale stores that have outdoor entrances and do not sell clothes and shoes,” he said, adding that the reopening did not apply to malls.
Separately, all restrictions on entry and exit to Tbilisi are to be lifted from May 11. In addition, according to Gakharia, post-lockdown movement will be resumed on May 14 in Rustavi and Gardabani, and on May 18 restrictions would be lifted in Marneuli.
Georgia’s industrial production increased 12.2% y/y in the fourth quarter of 2019, easing from a 16.9% y/y rise in the third quarter,​ according to the National Statistics Office of Georgia.
Production expanded at a slower pace for manufacturing ( 11.2% in 4Q19 from 20.5% in 3Q19) and water supply and sewerage production (9.6% in 4Q from 10.9% in 3Q). Meanwhile, output rose sharply for mining and quarrying production (37.8% in 4Q from 8.3% in 3Q) and electricity, gas, steam and air conditioning supply (7% in 4Q from 0.7% in 3Q).
21​ GEORGIA Country Report ​June 2020 ​ ​www.intellinews.com