Mar 6 2015 - 15:53
The Prime Minister of Georgia Irakli Garibashvili opened a business forum with the participation of Georgia, Turkey and Azerbaijan in Batumi. "Turkey and Azerbaijan are real friendly states for Georgia, our main strategic partners, and we always demonstrate a willingness to deepen our trade ties further, as well as economic and friendly relations," he said.
Mar 6 2015 - 15:01
The Georgian government has decided to reduce its costs in order to save budgetary funds and not cut spending on infrastructure projects and social benefits in conditions of financial crisis in the country. The cost of repairs, purchase of furniture and cars, trips and vacations of officials will be minimized. The Cabinet requested that the Parliament, courts and municipalities do the same thing.
Mar 5 2015 - 16:45
Georgian Minister of Finances Nodar Khaduri said that taxes in the country will not be raised, despite advice of the IMF. Capital and social expenses will not be cut either, Georgia Online reports.The minister clarified that the budget correction project was under development. All ministries will present their proposals on budget cuts.According to the Constitution, the Georgian government cannot raise taxes without a referendum.
Mar 4 2015 - 20:42
Mark Griffiths, the head of the IMF mission, said that Georgia needed to raise taxes, cut the budget and conduct structural reforms in order to stabilize the economy, News Georgia reports.Griffiths believes that the National Bank of Georgia is going in the right direction, adding that political assaults on the institution were inappropriate at the moment.
Mar 3 2015 - 16:10
The Georgian government was not prepared to fight against the conditions in which they were put by external and internal factors, Georgia’s Parliamentary Speaker David Usupashvili said in his speech at Georgetown University in Washington yesterday.
Mar 1 2015 - 14:59
The United National Movement party, whose leader is the wanted ex-President Mikheil Saakashvili, has announced its intention to hold a rally on March 21 on Rustaveli Avenue in Tbilisi, demanding the resignation of the government of Georgia.