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FINANCE MINISTER DENIES OPPOSITION WITH NATIONAL BANK
(Daily News: June 19, 2001)
As it has already been informed, the Finance Ministry demands transfers from the National Bank (NB) in the size of 17 million Lari. NB, in its turn, referring to IMF and its own calculations, is ready to allocate only 11 million.
MPS DISCUSS PRINCIPLES OF SETTING UP ELECTORAL COMMISSION
(Daily News: June 19, 2001)
The parliamentary majority offers its model of the central electoral committee, made up of 21 members. As the speaker of Parliament Zurab Zhvania claims, none of the political forces will have chance of ballot-box-staffing.The draft introduced by the majority calls for the formation of the commission in the following way: 1 member is appointed by president, 2 – represent Ajara and Abkhazia, 6 – represent parties clearing the 3-percent hurdle (one from each).
GEORGIA CONTINUES TALKS ON FOREIGN DEBT RESTRUCTURING
(Daily News: June 19, 2001)
The Finance Minister Zurab Nogaideli said at today’s press conference Georgia is in talks with Austria and Ukraine on its foreign debt restructuring, which amounts around $2 billion altogether. In June-July the question is due to be considered with the US, Netherlands, Uzbekistan and Kirgizstan.
AGREEMENT WITH TURKISH EXIMBANK ON RESTRUCTURING GEORGIA’S DEBT SINGED
(Daily News: June 15, 2001)
The agreement was signed at the third session of the joint Georgian-Turkish commission on economic cooperation. The Finance Minister Georgia Zurab Nogaideli said the Turkish party made concessions.
NATIONAL BANK AND FINANCE MINISTRY CAN NOT AGREE OUT
(Daily News: June 13, 2001)
The Finance Ministry has spread an information, that a timely delivery of salaries to teachers may relate to some problems for the refusal of the National Bank (NB) to finance the government. The Ministry requires 17 million Lari for transfers, and NB referring to IMF, is ready to allocate only 11 million.
AGREEMENT ON ALLOCATING CREDIT FOR ENERGY SECTOR WILL BE SIGNED ONE OF THESE DAYS
(Daily News: June 11, 2001)
Zurab Nogaideli, Finance Minister of Georgia and Tevfik Yaprak, permanent representative of the World Bank will sign an agreement. The Georgian Parliament is to ratify a credit in the size of $27.4 million.
ABANDONED PARLIAMENT CRISIS?
(Weekly Press Digest: June 10, 2001)
There is an unprecedented situation in the Georgian Parliament, asserts Rezonansi. The opposition considers that the parliament crisis has reached its peak, and majority, calming itself, calls it an imitation.
TAX CHANGES IN AGRICULTURAL SPHERE ADOPTED BY PARLIAMENT ON THE FIRST HEARING
(Daily News: June 8, 2001)
Amendments had been prepared by the Ministry of Agriculture and introduced for the discussion by the Agrarian Committee of the Parliament. They call for the abolishment of all kinds of taxes on the primary production and introduction of single fixed land-tax.
GUUAM SUMMIT IN YALTA ENDED WITH SINGING A NUMBER OF DOCUMENTS
(Daily News: June 8, 2001)
Heads of GUUAM states, the alliance of Georgia, Ukraine, Uzbekistan, Azerbaijan and Moldova, discussed the current situation and prospects of future cooperation. The Charter of GUUAM, the Convention of member-states on rendering assistance in consular issues and closing communique were signed at the end of 2-days meeting in Yalta (Ukraine).
OPPOSITION BETWEEN MAJORITY AND MINORITY HAS ONCE MORE LED TO PARLIAMENT MEETING DISRUPTION
(Daily News: June 7, 2001)
The Parliament Chairman had to cease the meeting today, due to absence of quorum, caused by opposition’s boycott. The conflict between opposition and majority aroused while discussing parliament rules.
MPS ARE SUSPICIOUS ABOUT OBJECTIVENESS OF TENDER CONDUCTED BY FINANCE MINISTRY
(Daily News: June 6, 2001)
Today at the plenary meeting, representatives of the fraction Socialists expressed their suspicion on rightfulness of winning a tender by Georgian company T.G Trade. This company gains a right to negotiate with Turkmenistan on behalf of Georgia on clearing operations for repayment of Georgia’s debt.
PARLIAMENT WILL CONSIDER TAX CHANGES OFFERED BY INDUSTRIALS
(Daily News: June 5, 2001)
The fraction Industrials’ claim to consider tax changes immediately this week, aroused especially sharp discussion at the Parliament meeting today. MP Zurab Tkemaladze was particularly insisting on including it in the agenda.
HEAD OF CONTROL CHAMBER AND FINANCE MINISTER ARE DISSATISFIED WITH EACH OTHER
(Daily News: June 5, 2001)
The other day Chairman of the Control Chamber Sulkhan Molashvili expressed dissatisfaction on financing his office, accounting for 14% in 2000. He also stated this might be appraised “as a pressure”.
MISUNDERSTANDING CONDITIONS BUDGET PROBLEMS, CONSIDERS FINANCE MINISTER
(Daily News: June 5, 2001)
As Zurab Nogaideli stated today at the press conference, Ajara’s failure to deliver funds to budget had been “unexpected”. He noted he had done much to settle this issue.
PRESIDENT OF CAMBRIDGE ENERGY RESEARCH ASSOCIATION ANALYZES GLOBAL PROJECTS IN GEORGIA
(Daily News: June 1, 2001)
The president of the Cambridge Energy Research Association (CERA) Joseph Stanislav is visiting Tbilisi. He is known as an expert in geopolitics, economic strategy and power markets.
ACHIEVEMENTS AND PROBLEMS OF 10 INDEPENDENT YEARS OF GEORGIA ARE DISCUSSED IN PARLIAMENT
(Daily News: May 31, 2001)
The forum held in the Parliament today focused on themes of the national security and Georgia’s role in the international system, construction of civil society, culture and intellectual life. The participation in the arrangement, dedicated to the 10th anniversary of Georgia’s independence, took MPs, experts, political scientists and representatives of the diplomatic corps.
GOVERNMENT EXTENDED TERM FOR PREPARING REPORT ON BUDGET IMPLEMENTATION
(Daily News: May 30, 2001)
At the government session today, the Finance Minister, Zurab Nogaideli proposed to extend the term for preparing the report on the budget implementation by one month. In his opinion, the government is to introduce it to the Parliament not after three but four months by the end of the financial year.
BANKS SUGGEST EASING MORTGAGE PROCEDURE
(Daily News: May 28, 2001)
In the opinion of representatives of commercial banks, changes should be made to the legal norms, regulating questions concerning mortgage. This is about the mortgage procedure in case of the non-payment of a bank credit.
PARTNERS OF GOLD MINING ENTERPRISE, AS IF, HAVE COME TO AN AGREEMENT
(Daily News: May 25, 2001)
As Irakli Gvaladze, Head of the Department of the State Property Management Ministry told Sarke, every process between JSC Madneuli and LLC Quarzite is suspended. According to him, an agreement has been reached yet in February, under what Georgian and Australian sides are to manage the enterprises and realize production jointly.
PARLIAMENT HAS ONCE MORE POSTPONED RATIFICATION OF ADVANCE WITHIN THE FRAMEWORKS OF ELECTRICITY SUPPLY IMPROVEMENT PROJECT
(Daily News: May 25, 2001)
IDA, within the frameworks of the World Bank project, will allocate an advance on preparation works in the size of $1 million. The project, overall cost of which is $27.4 million, envisages assistance of affectivity increase of electricity supply and management of wholesale market of electricity.
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