MUNICIPAL GOVERNMENT PLANS RADICAL CHANGES IN TBILISI IN THE NEXT FEW YEARS
(Daily News: October 11, 2004)
A three-day forum to consider Tbilisi’s strategic development plans has opened in the capital today. The plan is to be ready by the end of 2005.
NEW GRANTS’ PROGRAM OF BTC CO.
(Daily News: October 11, 2004)
BTC Co., consortium on the construction of the Baku-Tbilisi-Ceyhan pipeline, and the Georgian government signed on October 10 a document for the provision of pipeline security, additional environmental measures and implementation of new grants’ program.
According to the BP representation in Georgia, BTC Co.
PRIME MINISTER PARTICIPATES IN INTERNATIONAL ANTI-CORRUPTION CONGRESS
(Daily News: October 11, 2004)
Georgian Prime-Minister Zurab Zhvania is participating in the international congress “New Anticorruption Governments”, being held in Kenya (Africa) this week under the aegis of international organization Transparency International. According to the press-service of the Prime Minister, Zhvania will address the congress as one of main speakers.
ECONOMIC DEVELOPMENT MINISTER DECIDES TO TAKE UP LAND PRIVATIZATION ISSUES
(Daily News: October 8, 2004)
Economic Development Minister Kakha Bendukidze has proposed to make full privatization of agriculture and non-agriculture lands. In order to do that he suggests transferring the power of administering non-agriculture lands now run by local management bodies to the Agriculture Ministry.
INFRINGEMENTS WERE MADE DURING PRIVATIZATION OF JSC ELMAVALMSHENEBELI, SAYS CHAMBER OF CONTROL
(Daily News: October 7, 2004)
According to the conclusion of the Chamber of Control, JSC Elmavalmshenebeli (Electric Locomotive Assembly Plant) with the equity capital of $60 million had been privatized only for $150,000.
In 2002, Zurab Tsintsadze, the director of the enterprise, privatized 75% of state-owned shares for a symbolic price.
REPRESENTATIVES OF US BUSINESS CIRCLES GETTING ACQUAINTED WITH GEORGIA’S POTENTIAL
(Daily News: October 7, 2004)
Today in Tbilisi has opened a two-day international forum, organized by the American-Georgian Business Council. Mamuka Tsereteli, the executive director of the Council, says representatives of the US business circles are interested in the financial and insurance markets, telecommunications enterprises and port infrastructure.
GEORGIAN INTERESTS WERE NOT CONSIDERED AT LLC QUARTZITE, SAYS CHAMBER OF CONTROL
(Daily News: October 6, 2004)
According to the Chamber of Control, Georgia’s interests were not taken into account while establishing gold mining LLC Quartzite together with Australian company Cropwood Limited Levels in 1994.
Main assets introduced by Madneuli, the ore mining and processing enterprise, into the collective investment fund of the LLC as Georgia’s share were estimated only at $27.
CONTROL CHAMBER CONTINUES CHECK-UPS
(Daily News: October 6, 2004)
The Control Chamber handed to the Public Prosecutor’s Office information after checking in Ajara LLC Batoilimpex, the Batumi oil-refinery and the Batumi maritime-trade port. The chamber disclosed a number of infringements during the checking.
GEORGIAN FOREIGN MINISTRY GRADUALLY COVERS DEBTS TO INTERNATIONAL ORGANIZATIONS
(Daily News: October 6, 2004)
Georgian Foreign Minister Salome Zurabishvili has reported to the Parliament’s Foreign Relations Committee today on the process of covering arrears on membership fees to international organizations. The debt has reached $59 million.
HEAD OF ACCOUNTANTS AND AUDITORS FEDERATION SEES NO CONCEPTUAL DIFFERENCE BETWEEN CURRENT AND NEW TAX CODES
(Daily News: October 5, 2004)
Zurab Kharatishvili, head of Professional Accountants and Auditors Federation, sees no conceptual difference between the current Tax Code, adopted in 1997, and the new one (being considered by Parliament; it is to come into force on January 1, 2005).
Kharatishvili says the reason is that the document has been drawn up by the Finance Ministry, confined to the interests of the body, while the government has not developed the clear economic development program, nor the strategy of the tax reform.
AMENDMENTS TO BE MADE TO THE DRAFT TAX CODE
(Daily News: October 5, 2004)
Government officials and MPs have had a closed-door meeting with Georgian Prime Minister Zurab Zhvania today to consider the draft Tax Code, which has been already submitted to Parliament. As was reported, it was decided to make a number of amendments, but an agreement is yet to be reached on some questions.
POTI FACTORY AND GERMAN MAN PLAN TO LAUNCH JOINT PRODUCTION OF FERRYBOATS
(Daily News: October 4, 2004)
JSC Poti Shipbuilding Factory intends to launch production of passenger ferry 250-seat boats jointly with German MAN. Representatives of the German company are going to visit Georgia on October 17-18, Avtandil Khoperia, the director general of the factory, told Sarke.
BANKERS EXPRESS NUMBER OF REMARKS REGARDING NEW TAX CODE
(Daily News: October 4, 2004)
The Georgian Banks Association has prepared and took remarks regarding the new Tax Code to Parliament, which is considering the draft. According to experts, certain provisions of the code break bank secrets.
MUTUAL UNDERSTANDING MEMORANDUM SIGNED WITH RAO EES
(Daily News: October 1, 2004)
Prime Minister Zurab Zhvania and Andrei Rappoport, a member of the RAO EES managing board, who has arrived in Tbilisi, have singed a memorandum of mutual understanding today.
As was said, they considered prospects of cooperation.
CHINA RENDERS TECHNICAL ASSISTANCE TO GEORGIAN FOREIGN AFFAIRS MINISTRY
(Daily News: October 1, 2004)
The act on the delivery of office equipment for 890,000 lari by the Chinese government to the Foreign Affairs Ministry of Georgia has been signed in Tbilisi today. For the past several years, China has rendered Georgia technical assistance for $30 million and is ready for further assistance.
GEORGIA WILL HAVE A BUDGET DEFICIT NEXT YEAR TOO
(Daily News: October 1, 2004)
The government introduced to Parliament draft budget-2005 yesterday. Under the project, expenditure next year will make up 2.1 billion lari.
NEW MEMBERS OF TBILISI GOVERNMENT ARE APPROVED
(Daily News: September 30, 2004)
Today Tbilisi Sakrebulo (self-government body) on the post of the vice president has approved Irakli Todua, a 1969 year born, having graduated from the Construction Faculty of Tbilisi Technical University, and working as the expert of UN development program. His predecessor Giorgi Arevadze has been appointed as the deputy interior minister, although he does not occupy this post now.
FINANCE MINISTER AND PRESIDENT OF NATIONAL BANK TO PARTICIPATE IN IMF AND WB ANNUAL MEETING
(Daily News: September 29, 2004)
Finance Minister Zurab Nogaideli and the President of the National Bank Irakli Managadze have left today for Washington D.C. to take part in an annual meeting of the International Monetary Fund (IMF) and World Bank (WB).
According to the press-services of the Finance Ministry and NB, during the visit the Finance Minister and President of the NB will meet with IMF executive director Jeroen Kremers and WB vice-president Shigeo Katsu to consider the poverty reduction program and the WB’s loan for structural reforms.
GOVERNMENT SEEKS WAYS OF HELPING WINEGROWERS
(Daily News: September 28, 2004)
At a meeting with Prime Minister Zurab Zhvania and government officials in the state office today winegrowers considered problems Kakheti, the main winemaking region in Georgia, has faced this year. The peasants of the region have marched protests due to problems they have encountered while selling grapes due to attempts of wineries to purchase grapes at a lower price.
GOVERNMENT SEEKS WAYS OF HELPING WINEGROWERS
(Daily News: September 28, 2004)
At a meeting with Prime Minister Zurab Zhvania and government officials in the state office today winegrowers considered problems Kakheti, the main winemaking region in Georgia, has faced this year. The peasants of the region have marched protests due to problems they have encountered while selling grapes due to attempts of wineries to purchase grapes at a lower price.
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