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1. CITIZENS’ UNION ANNOUNCEMENT RAISES CONCERN IN THE OPPOSITION
   (Daily News: March 11, 2002)

   Georgian President said in a radio interview today he did not agree to a decision of the Citizens’ Union (CU) organization committee to declare the party opposition on March 8. Only the congress of the party has the authority to make such a decision, he said.

2. DESPITE TBILCREDITBANK LIQUIDATION MP PIRVELI CHINS UP
   (Daily News: March 6, 2002)

   Deputy Levan Pirveli, one of the promoters of Tbilcreditbank apprises decision on liquidation of the Bank as a political revenge. The Finance Minister implemented his intention, the Deputy noted, reminding Zurab Nogaideli’s promise to “destroy the Bank”.

3. GEORGIA’S DEBT TO THE USA PARTIALLY RESTRUCTURED
   (Daily News: March 6, 2002)

   An agreement on consolidation and restructuring of Georgia’s debt to the USA was signed by the Finance Minister Zurab Nogaideli and the USA acting ambassador to Georgia Philip Remler at the Finance Ministry today.

   $765,710 of the $20 million credit (allocated by the USA to Georgia under the 1997 agreement) is subject to restructuring.

4. TAX REVENUES MINISTRY NOT IN IMMINENT DANGER OF LIQUIDATION
   (Daily News: March 4, 2002)

   Levan Dzneladze, the Tax Revenues Minister, gives assurance his Ministry will not merge with the Finance Ministry in the near future. He pointed out that the Ministry of Tax Revenues carried responsibility for the budget implementation.

5. FEBRUARY PLAN OF TAX REVENUES IMPLEMENTED
   (Daily News: March 4, 2002)

   According to the Tax Revenues Ministry preliminary data, February forecast parameters of 76.2 million Lari, are implemented by 100.9%, which exceeds last year’s figure by 21%.

   Tax Revenues Minister Levan Dzneladze said at today’s briefing at the Treasury despite usual difficult conditions in February the plan proved possible to be implemented.

6. MPS INDIGNANT AT RUSSIAN MASS MEDIA CLAIMS
   (Daily News: February 28, 2002)

   The Parliament has prepared an announcement today which says that Georgia, as a sovereign country, is ready to cooperate with various states, including the US, in the struggle against terrorism. The document expressed indignation at the agio some of Russia’s politicians raised due to the arrival of American military instructors in Georgia.

7. MPS COMMENT ON THE DEATH OF NATIONAL SECURITY COUNCIL SECRETARY
   (Daily News: February 25, 2002)

   MPs commented today on the death of Nugzar Sajaia, the secretary of the National Security Council. They honored his memory by a minute of silence.

8. MY ENEMY, MY FRIEND
   (Weekly Press Digest: February 24, 2002)

   Last week the Press actively discussed the possibility of an alliance of the forces - MPs Zurab Zhvania (the ex-speaker) and ex-State Minister Vazha Lortkipanidze laboring for (after Zhvania’s resignation) the post of the Head of the Supreme Legislative Body.

   Alia indicates start of consultations between Zhvania and Lortkipanidze and wonders whether the thing has to do with President Shevardnadze’s possible relay.

9. THE OPPOSITION AMERICAN VOYAGE
   (Weekly Press Digest: February 24, 2002)

   Rezonansi notes in the course of the last week political group visit in the USA official Washington attitude toward the processes in Georgia has been clearly defined.

   The group was composed of deputies: Zurab Zhvania (the Parliament ex-Speaker), Mikheil Saakashvili (ex-Minister of Justice), Revaz Adamia (ex-Head of the Committee on Defense and Security), as well as Mikheil Machavariani (ex-Minister of Tax Revenues).

10. EX-SPEAKER STRESSES HE IS IN OPPOSITION
    (Daily News: February 21, 2002)

    Upon the return from the US the Zurab Zhvania, ex -speaker held a press conference. He said that this had been his first visit to the US as a member of the opposition.

11. NATIONAL MOVEMENT LEADER SATISFIED WITH VISIT TO THE US
    (Daily News: February 19, 2002)

    Mikheil Saakashvili, the leader of National Movement, held a press conference today after his visit to the US. He said the visit had been very important and expressed satisfaction with the levels at which meetings had been held.

12. DRAFT LEASING CONTRACT WITH TBILTSKALKANALI WOULD-BE INVESTOR IS TO BE READY SOME OF THESE DAYS
    (Daily News: February 15, 2002)

    Zurab Gongadze, Tbiltskalkanali (the Tbilisi water supply and sewerage agency) Development Bureau Manager told Sarke that draft, prepared by British consulting firm, had been already examined by the Georgian side, contender-companies and World Bank experts. On basis of their observations, some amendments were introduced in the document.

13. MINIMUM VOLUME OF BUDGET MONTHLY REVENUES DEFINED
    (Daily News: February 12, 2002)

    Today, the very first day of the spring session the Parliament introduced amendments in the legislation on budgetary powers. On the initiative of the Committee on Taxes and Revenues for formation of the budget income part following charges are determined: capacity of the monthly proceeds is to compose no less than 7% of the yearly income, quarterly – no less than 23%, first half of the year no less than 48%.

14. AMERICAN COMPANY INTERESTED IN RECLAMATION OF A LICENSED BLOC
    (Daily News: February 8, 2002)

    Zet Europe Finance Financial Corporation expresses desire to take part in the tender on exploring oil and gas in the Borjomi-Akhaltsikhe region (8^th licensed bloc). The Company plans also to construct a refinery in Georgia.

15. TURKMENISTAN REFUSES TO RESTRUCTURE GEORGIA’S FOREIGN DEBT
    (Daily News: February 7, 2002)

    Georgia has actually managed to win consent of all state-creditors with the exception of Turkmenistan, which refuses to restructure debt.

    Zurab Nogaideli, the Finance Minister offers not to service the debt of $324.9 million to Turkmenistan, and to meet liabilities toward those states only that agreed on the restructuring under the decision of the Paris Club of creditors.

16. DEBT SIZE OF ENERGY SPHERE TO FOREIGN CREDITORS HAS YET TO BE DEFINED
    (Daily News: February 6, 2002)

    According to the Minister of Fuel and Energy David Mirtskhulava, the uncertainty over foreign debts of the energy sector has raised problems with the state creditors. The Georgian side is trying to avoid talking about debts it owes Russia, Armenia and Turkey, he said.

17. SITUATION OVER RUSTAVI METALLURGIC PLANT STILL RATHER HAZY
    (Daily News: January 31, 2002)

    Today, representatives of the Turkish holding Cukurova, a potential investor of the enterprise, conducted a presentation of the business-plan at the Parliamentary Committee on Sectoral Economy. A representative said in the beginning that fixed assets of the holding, which unites up to 150 companies, were estimated at $24 billion in 2000.

18. PROSPECTS OF BUDGET INVESTMENT OF BRANCHES DISCUSSED
    (Daily News: January 29, 2002)

    According to Finance Minister Zurab Nogaideli, budget basic emphasis lies on investment, and decision on creation of a special Agency testifies this. The Agency will command nearly 11 million Lari, provided from the President’s Investment Fund (according to the draft budget).

19. CITIZENS’ UNION GOES BACK TO PROBLEMS ASSOCIATED WITH LOCAL GOVERNMENT BODIES
    (Daily News: January 29, 2002)

    The ex-speaker Zurab Zhvania demanded on behalf of the Citizens’ Union faction the provision of full self-administration and electiveness of mayors and gamgebeli (the head of the local administration).

    Work on improving the law on self-administration and election code must be finished in March not to admit one more delay in holding the local election, Zhvania stressed.

20. PARLIAMENT DOES NOT EXCLUDE EXCISE REDUCTION ON LOCAL CIGARETTES, FINANCE MINISTER IS AGAINST
    (Daily News: January 28, 2002)

    According to Vitali Khazaradze, head of Parliament committee on Taxes and revenues, at present work on excise question is under way and materials, received from the Finance Ministry are being analyzed.

    Although, the MP remarked, Georgia is unable to contend with Russia in this regard, as Russia recovers tobacco excise reduction by considerable tax revenues from other spheres (oil, for instance).

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