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1. IMF PUTS FORWARD 3 BASIC REQUIREMENTS TO ECONOMIC TEAM
   (Daily News: May 3, 2001)

   According to the State Office, IMF demanded a detailed plan and finding of reserves for covering deficit of revenue part of 1^st quarter budget. Otherwise, the Fund intends to insist on the sequester of budget-2001.

2. CONFLICT OF AVIATORS FLARED UP WITH NEW FORCE
   (Daily News: May 2, 2001)

   The state air company Sakartvelos Aviakhazebi made a stand against a new chairman of the civil aviation’s administration Zurab Perishvili. At the press conference today, Perishvili rejected accusations of lobbying the interest of the private air company AirZena, brought forward by Sakartvelos Aviakhazebi.

3. WB CREDIT ADVANCE HAVE NOT BEEN RATIFIED BY THE PARLIAMENT
   (Daily News: April 27, 2001)

   Today, the Parliament was not able to gather 118 votes, necessary to consider the question on the allocation of the advance of $1 million to carry out preparatory works for the electricity market support program. Let us remind to you that this agreement was singed in August 1, 2000.

4. REGULATION SYSTEM OF TRANSPORT-COMMUNICATION SPHERE WILL BE REFORMED
   (Daily News: April 25, 2001)

   At the government session today the Minister of Transport and Communications Merab Adeishvili introduced bill on the principles of public administration of the transport-communications sphere and the project of the restructuring of the Ministry. According to the Minister, the reformation is to yield certain economic effects.

5. GEORGIA TRIES A NEW AUTHORITY MODEL: WHO WILL TURN OUT TO BE THE STRONGEST
   (Weekly Press Digest: April 22, 2001)

   The meeting of Main Council of Citizens’ Union (ruling party), as it has been expected, turned out to be quite sensational – Shevardnadze (country’s President and Chairman of the party) initiated creation of the Cabinet. Shevardnadze’s proposal resulted in an absolute silence in the hall, informs Akhali Taoba about the events of April 20.

6. INVESTMENT COUNCIL AT THE PRESIDENT OF GEORGIA WILL CARRY OUT MONITORING OF FOREIGN CREDITS
   (Daily News: April 21, 2001)

   Questions concerning monitoring and recruitment has become one of the reasons for conflict between the President’s aid on economic issues Temur Basilia and the Finance Minister Zurab Nogaideli. As the President said at the government session today, all the questions around foreign creditors were to be concentrated into the Finance Ministry and the monitoring of projects and selection of managers would be supervised by the Council on Foreign Investments.

7. PRESIDENT AGREES ON CREATION OF CABINET COUNCIL
   (Daily News: April 21, 2001)

   The Georgian President launched an initiative to set up a cabinet council in the conditions of strong presidential power. He made this announcement at he session of the main council of the ruling party Citizens’ Union on April 20.

8. FINANCIAL-BUDGET COMMITTEE OF PARLIAMENT NOT SATISFIED WITH BUDGET IMPLEMENTATION IN THE I QUARTER
   (Daily News: April 19, 2001)

   Zaza Sioridze, Head of Financial-Budget Committee stressed a considerable gap in budget the implementation. 65 million Lari – this is “a reasonable amount”, stated he, noting at the same time some, improvements in tax raising.

9. CAUCASIAN FORUM IS TO BE HELD IN TBILISI
   (Daily News: April 18, 2001)

   According to the Parliament’s press-service, during the visit of Georgian Speaker Zurab Zhvania in Iran, the sides have agreed to run a forum in Tbilisi under the name “Caucasian Dialogue”. The representatives of 3 Caucasian states, Iran, Turkey and Russia will be the participants.

10. GEORGIAN PARLIAMENT CHAIRMAN IS VISITING IRAN
    (Daily News: April 17, 2001)

    The visit of Zurab Zhvania began on April 16 and will last 4 days. Today, Chairman of Georgian Parliament meets with Iranian President and Foreign Minister.

11. ON APRIL 18-23 ANNUAL MEETING OF UNDP COORDINATORS IN EAST EUROPE AND CIS IS TO BE HELD IN TBILISI
    (Daily News: April 13, 2001)

    According to the Foreign Ministry of Georgia, Eduard Shevardnadze will take part in the ceremony of opening the meeting, which will be held in the hotel Sheraton Metechi Palace. For the participation in the works of meeting administrator of UN Development Program (UNDP) Mark Brown will arrive in Tbilisi.

12. OPENING GERMAN CREDIT LINE IN 5M DEM FOR MICROFINANCE BANK OF GEORGIA IS DRAGGING ON
    (Daily News: April 10, 2001)

    Deputy Foreign Minister Tamar Beruchashvili stated about it at the Investment Council meeting on April 7. According to her, the reason of this is that Finance Minister had not yet decided which Agency must be a guarantee of the credit.

13. ZURAB NOGAIDELI IS SATISFIED WITH MEETING WITH LESZEK BALCEROWICZ
    (Daily News: April 10, 2001)

    Today, Finance Minister defined the recommendation of Polish reformer, being an Advisor of Georgian President for Economic Issues, as the most important. The most interesting, according to Nogaideli, are the proposals for the strategy of bilateral negotiations within the frameworks of Parisian Club.

14. FINANCE MINISTER IS AGAINST TAX CONCESSIONS
    (Daily News: April 10, 2001)

    As the Minister Zurab Nogaideli declared today, he was not going to consider the question on a minimal rate of social tax of 16 Lari, stressing this tax was a source for significant budget revenues. Let us remind to you that at the end of last week, the parliamentary Committee on Taxes and Revenues applied to the President to release salaries up to 60 Lari from a minimal rate of social tax of 16 Lari.

15. GERMANY INTENDS TO ALLOCATE GRANT TO GEORGIA IN THE SIZE OF 15 MILLION DM
    (Daily News: April 9, 2001)

    These funds are aimed for the support of alternative energetics and Health Care. The agreement on the grant will be signed during the visit of Heidemarie Wieczorek-Zeul, Federal Minister for Economic Co-operation and Development of Germany.

16. FINANCE MINISTER INSISTS TO CONTROL TERMS FOR WB CREDITS EXTENSION
    (Daily News: April 9, 2001)

    At the session of Investment Council held on April 7, the Finance Minister Zurab Nogaideli demanded to strictly determine responsibilities of bodies. He said he could not bear responsibility for those questions, not solved at the Finance Ministry.

17. MPS GOT INTERESTED IN FINANCING SOURCE OF TENDER ON ENERGETICS PRIVATIZATION
    (Daily News: April 5, 2001)

    The Parliamentary Committee on Branch Economy considered a question concerning the ratification of an agreement with the Word Bank on the allocation of advance of $1 million in the framework of the power market promotion project. The advance will be expended on the preliminary works, including holding tender on transferring right to manage electricity wholesale market.

18. PARLIAMENT COMMITTEE OFFERS PRESIDENT TO ALTER BUDGET INCOME PART
    (Daily News: April 5, 2001)

    The reasons of it according to the Committee for Taxes and Revenues, is the heavy economic position of employees in culture and education sphere. As Sesili Gogiberidze, Culture Minister says, in case they retain the minimal rate of taxes, due to the Single Fund of Social Welfare, of 16 Lari (must be paid at the level of wage up to 60 Lari), envisaged by the Tax Code, this category will turn out in a heavier situation.

19. LIBERALIZATION OF TAX ASSESSMENT IN AGRICULTURE TO BE CONSIDERED BY PARLIAMENT IN APRIL
    (Daily News: March 26, 2001)

    As the Chairman of the Agrarian Committee of the Parliament Bezhan Gonashvili told Sarke, a question of amendments to the taxation regime has been already included into a working plan. The decision was adopted at a closed session of the parliamentary majority today.

20. QUESTION OVER INCREASING SHAREHOLDINGS OF AES TELASI’S EMPLOYEES IS NOT DECIDED YET
    (Daily News: March 23, 2001)

    The Ministry of State Property Management has prepared a draft law, envisaging the increase of employees’ share of JSC AES TELASI in an equity capital of this power distributing company. Instead of 0.37% of shares they are supposed to hold5.32%, what is conditioned by the increased level of minimal wages from 14 to 20 Lari, considering during the determination of employees’ share.

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