Georgian President to launch fund to promote initiatives, charities and innovations

Georgian President to launch fund to promote initiatives, charities and innovations

"I have decided to create a foundation under my auspices and with the help and support of public figures, where I will transfer my wage income,- President of Georgia Salome Zurabishvili said at a news conference on Friday, InterPressNews reported.

President Zurabishvili explained that she made the decision after abolishment of the Presidential Reserve Fund. According to her, the fund will be used for charitable purposes and for funding some initiatives.

“Since the President's Fund has been canceled, I have decided to find new forms because it is necessary to promote initiatives, charities and innovations. The president must be a patron of these actions. I decided to find the form and set up a found under my auspices and with the help and support of public figures, where I (and I hope others will also follow me) will transfer my wage income because I receive the French pension, which is quite enough for me,” Salome Zurabishvili said.

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