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Tuesday, 25 October 2016


Sakartvelo to Be Scrapped

2011-04-19 18:20

Sakartvelo to Be Scrapped. 16051.jpegLife in Georgia is turning into a struggle for survival. The story of the old woman who was looking for copper near the railway is another confirmation. But metal scrap that has become manna from heaven for Georgians is also quite attractive for the government of the Caucasian republic. The export of scrap to neighbouring Georgia, distant India and Bangladesh is one of the first revenues of the Sakartvelo budget, drawing nearer to wine-making and mineral water production. But the rapturous desire of Georgian citizens to earn a little


money upsets the Cabinet of Ministers. So much that they decided to introduce nonferrous metal excise.

Metal scrap occupies the honourable fourth place in the Georgian export structure. In January'2011 the republic exported ferrous metal for the amount of 13.759.000 dollars, processed or non-processed gold for 11.258.000 dollars, copper ores and concentrates for 8.158.000 dollars, while copper itself and its scrap for 5.000.000 dollars. Evidently, the Sakartvelo government does not want to share such profits with their own citizens as it means that the metallurgical industry development takes place without the knowledge of the power-holding structures: the tents of metal buyers grow along the road borders more and more often.

Mikhail Saakashvili and his companions have found the means of fighting against such "lawlessness". Maybe they should just carry out a serious pension reform and reduce the level of unemployment. Then the desperate citizens would stop digging the ground looking for something to be exchanged first for money and then for essential consumer goods. A kilogram of copper does not cost much in Georgia now: just 11 lari, but this is sufficient for those who cannot survive on their pension or unemployment allowance. "People who have two pots at home leave one there to cook food in it and bring the second one here to earn some money to buy a paskha and some eggs for Easter", a metal scrap buyer is cited by the "EurasiaNet" periodical.

Large specialized points sending metal scrap directly to Turkish, Indian and Bangladesh factories help the Georgian government control the situation a little more. These countries are ready to fork out money supporting the Caucasian republic in reducing trade balance deficit and increasing the export income rate. But, of course, this is not sufficient for Mikhail Saakashvili. After the undiligent officials have shoved half of the country's budget into their own pockets not much money remains for liberal reforms.

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