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CITIZENS LIVING UNDER POVERTY LINE TO BE HANDED OVER ALLOWANCES LATER
(Daily News: May 31, 2006)
The Ministry of Health, Social Welfare and Labor planned to start handing over social allowances to the citizens living under poverty line from June 1. However, the government has decided to postpone the move due to some delays in making the database.
THE STRUGGLE FOR DEMOCRACY
(Weekly Press Digest: May 28, 2006)
The GUAM (the alliance of Georgia, Ukraine, Azerbaijan and Moldova) summit in Kiev, celebrations of Georgia’s Independence Day and political confrontation within the country are the key focuses of the week, which have spurred thoughts about democratic values. The GUAM states signed in Kiev on May 23 the declaration on setting up a new organization – For Democracy and Economic Development.
PACKAGE BILL ON REGULATION COMMISSIONS TO BE REVIEWED WITHOUT GOVERNMENT’S ALTERNATIVE VERSION
(Daily News: May 23, 2006)
Parliament will consider in the second and third hearings this week the package bill on regulation commissions proposed by the Committee on Sectoral Economy and Economic Policy. The alternative version of the government will not be considered.
INDUSTRIALISTS PROTEST AGAINST FINANCE MINISTRY’S ACTIVITIES
(Daily News: May 23, 2006)
Zurab Tkemaladze, the leader of the Industrialists faction, has once again blamed the Finance Ministry for incompetence. This time, the protests have been prompted by the development regarding the payment of land taxes.
A GROUP OF BRITISH BUSINESSMEN PLANS TO VISIT GEORGIA
(Daily News: May 22, 2006)
A large group of British businessmen plans to visit Georgia in the second half of the year to learn about Georgia’s investment potential, reports the office of Prime Minister Zurab Nogaideli. The parties agreed on the visit today at a meeting held in London between Nogaideli and Digby Jones, the Director General of the Confederation of British Industry.
EBRD PLANS TO INCREASE INVESTMENT IN GEORGIA
(Daily News: May 22, 2006)
The EBRD management has showed willingness to increase investment to 150 million EUR a year at a meeting with Prime Minister Zurab Nogaideli yesterday, reports the Prime Minister’s office. The Georgian governmental delegation is taking part in an annual May 21-22 meeting of the EBRD.
Rezonansi: “WHY THE BUSINESSMEN ARE NOT INTERESTED IN GEORGIAN TREASURY”
(Economic Press Monitor: May 17, 2006)
According to the employees of Tbilisi Jewelry Plant (the former Georgian National Treasury), the entity was sold in “unreal price”, as the several members of the government were interested in it. The plant, estimated at $2 million, has been acquired for $2.2 million by the only participator of the auction, company Gold Invest.
INTERNATIONAL ORGANIZATION OF WINE AND VINE WILLING TO CHECK GEORGIAN WINE QUALITY
(Daily News: May 19, 2006)
Around 500 experts of the International Organization of Wine and Vine are ready to check the quality of Georgian wine, Zurab Tkemaladze, the leader of Industrialists faction, has told a news briefing today. Tkemaladze, who is a member of the organization, received the proposal yesterday.
NATIONAL CENSUS STATE ORGANIZATIONAL COMMISSION HOLDS FIRST MEETING
(Daily News: May 18, 2006)
The State organizational commission set up to conduct a 2010 census has met for the first time today, reports the Finance Ministry. The meeting was chaired by Finance Minister Alexi Alexishvili.
PARLIAMENT CONSIDERING NEW CUSTOMS RATES
(Daily News: May 18, 2006)
Economic Development Minister Irakli Chogovadze has presented to the Finance and Budgetary Committee of Parliament draft amendments to the customs rates. The amendments call for both the reduction of the size and number of rates from 16 to 3 – 0%, 5% and 12%.
THE ASSOCIATION OF GEORGIAN BANKS PROPOSES CHANGES TO TAX CODE
(Daily News: May 18, 2006)
Finance Minister Alex Alexishvili and the Association of Georgian Banks have met with heads of commercial banks operating in Georgia. The meeting was initiated by the Minister and the association.
MPS DISAPPROVE OF CONTROL CHAMBER CONCLUSION ON BUDGET-2005 REPORT
(Daily News: May 18, 2006)
The Financial and Budget Committee of Parliament has considered today the conclusion of the Chamber of Control on the budget performance, presented by the acting chairman of the chamber, Jasha Meskhia. According to the document to be presented to Parliament next week, there are some shortcomings, but overall the budget gives “reflects really” earnings and spending.
Khvalindeli Dge: “WHAT IS THE CONNECTION BETWEEN THE INCREASED TARIFF AND POLITICAL BARGAIN?”
(Economic Press Monitor: May 11, 2006)
The opposition parties blame the Prime Minister Zurab Nogaideli in the corruptive transaction with the United Energy Distribution Company and suppose the National Movement to use the sum collected by increased tariff in the pre-election campaign. According to Zviad Dzidziguri, one of the leaders of the Conservative Party, increasing of tariff is within the interests of the company, which was founded by Zurab Nogaideli, the present Prime Minister, Gia Kavtaradze, the Present Justice Ministry, Kakha Damenia, the present Deputy Economic Development Minister, Levan Varshalomidze, the present head of Ajara autonomy.
Rezonansi: “ZURAB NOGAIDELI STANDS ACCUSED OF MISAPPROPRIATION OF VAST AMOUNT OF STATE MONEY”
(Economic Press Monitor: May 9, 2006)
The non-governmental organization Republican Youth Institute blames the Prime Minister Zurab Nogaideli in misappropriation of vast amount of money and advices the government to raise the issue of his responsibility. According to the NGO, the highest rates of t-bills’ annual yield – the average weighted of 93% and the maximal of 300% – were fixed during Nogaideli’s stay at the position of Finance Minister.
Rezonansi: “WHO TRIES TO CAPTURE GEORGIAN NATIONAL TREASURY”
(Economic Press Monitor: May 8, 2006)
Jeanne Karelidze, the former employee of National Treasury, in her letter to the newspaper says that the entity, subject to privatization, is valued at the “insulting sum”. According to her, starting price of former National Treasury, now the jewelry plant is fixed at $2 million, while only the land site of the entity costs 5 times more.
GREENOAK HOLDINGS TO PAY $92M FOR BATUMI PORT MANAGEMENT RIGHT
(Daily News: May 13, 2006)
The commission has opened today envelopes with the proposals of the companies taking part in the competition for the right to run the Batumi port for 49 years. The commission selected among five candidates LLC Greenoak Holdings.
INDEPENDENT MP FROM TSKALTUBO PROPOSES THAT CASINO LICENSE FEE IN CAPITAL DOUBLE
(Daily News: May 11, 2006)
Mamuka Saneblidze, an independent MP from the Tskaltubo district, proposed that a fee for opening a casino in the capital be increased to 10 million lari from current 5 million during the first hearing of the bill “On License and Permit Fees” in Parliament today. There is no license fee for opening a casino in Tskaltubo from 2006 but Saneblidze thinks this is not enough for the development of the resort and Tskaltubo will not be able to compete with Tbilisi.
OIL AND GAS SECTOR LICENSING SYSTEM TO UNDERGO CHANGES
(Daily News: May 11, 2006)
Parliament has approved in the first reading today amendments to the law “On Oil and Gas”, under which the licensing system will undergo changes. The author of the bill is the Parliament’s Committee on Sectoral Economy and Economic Policy.
PROBLEM WITH IMPORT PRODUCTS OF AUSTRIAN SCHIRHOFER SOLVED, SAYS PRIME MINISTER
(Daily News: May 10, 2006)
President Mikheil Saakashvili has showed interest in developments regarding the Austrian firm, Schirhofer, which has faced problems with the import of products to Georgia, at a governmental meeting today. The President said business must not face such obstacles and the similar facts are “to be the subject to a special investigation”.
GOVERNMENT TO STEP UP EFFORTS AGAINST WINE ADULTERATION
(Daily News: May 10, 2006)
President Mikheil Saakashvili has pointed to the need to step up efforts against the adulteration of wine at a governmental meeting today. He showed samples of adulterated products sold in Europe as Georgian wines to government officials.
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