IT IS SUGGESTED TO ANNOUNCE A TENDER FOR ALLOCATION A SUBSIDY TO TEA INDUSTRY
(Daily News: March 23, 2001)
As stated Zurab Nogaideli, Finance Minister, a tender is to be conducted by mid April, but allocation of funds for tea-growers will begin in May. According to him, they have already determined terms of tender and the commission membership.
CONSIDERATION OF AMENDMENTS TO TAX ASSESSMENT REGIME IN AGRICULTURE HAS STOPPED
(Daily News: March 22, 2001)
The President of the country demanded back the draft bill, envisaging the introduction of a new tax assessment regime into the agricultural sphere. We would like to remind you that adequate amendments were introduced to the Parliament for the consideration by the initiative of the President.
CREATION OF FREE ECONOMIC ZONE STILL IN THE AGENDA
(Daily News: March 20, 2001)
Creation of free economic zone in Ajara was one of the topics, raised by the leadership of the Autonomous Republic during the visit of the Parliament’ speaker Zurab Zhvania to Batumi. The leader of Ajara Aslan Abashidze considers creation of such zones to be the only outcome from the tough economic situation.
EXCISE ON DIESEL FUEL HAS BEEN CUT
(Daily News: March 16, 2001)
Today, the plenary session of the Parliament confirmed the excise cut on diesel fuel from 200 to 100 Lari. 120 MPs voted pro, 3 – against.
MP ACCUSES FINANCE MINISTER OF CONFLICT OF INTEREST
(Daily News: March 15, 2001)
The scandal, which arose around Bazisbank on March 13, has continued today. This Georgian commercial bank was selected for serving the World Bank’s credit of $20 million in a tender on the development of the Georgian forestry.
GEORGIA STARTS OUT TALKS ON DEBT RESTRUCTURING WITH PARIS CLUB MEMBER STATES
(Daily News: March 15, 2001)
As the source at the State Office informed Sarke, the talks with the states, included in the Paris Club of Creditors, are due to start next week. The scheme for the restructuring of the foreign debt of Georgia has been already laid down.
INCREASE IN NUMBER OF CRIMES AGAINST FOREIGNERS IS TO BE PUT ON GUARD
(Daily News: March 14, 2001)
According to the information of the Interior Ministry of Georgia since 1998 is entered 146 different kind of crimes against foreigners. Lately there is a tendency of increase in the crime of that kind, stated today Zurab Chkhaidze, 1st Deputy Minister, addresing the meeting of Parliament Committee for Foreign Relationships.
NEW CHAIRMAN OF PARLIAMENT COMMITTEE FOR JUDICIAL ISSUES HAVE BEEN APPROVED
(Daily News: March 13, 2001)
Today, the Parliament has approved Zurab Adeishvili on the post of Chairman of the Committee for Juridical Issues, Legality and Administrative Reforms. 127 MPs have voted and 57 have been against.
WILL ENTREPRENEURS MANAGE TO RELIEVE BURDEN OF CONTROL?
(Weekly Economic Review: March 10, 2001)
This week the Parliament started out consideration of the draft bill “On Freedom of Entrepreneurs’ Activities”, introduced by the Committee on Juridical Issues and Legalism. The law aims to reduce the number of services, entitled to contentrepreneurs.
THEY HAVE NOT BEEN ABLE YET TO EASE LIFE FOR ENTREPRENEURS
(Daily News: March 8, 2001)
A draft law “Over the freedom of entrepreneur’s activity” was considered at the joint meeting of the Parliament committees for branch economy and economic policy. The draft has been prepared by the Committee for Juridical Issues and Legality.
FINANCE MINISTER EXPLAINS TERMS OF RESTRUCTURING OF GEORGIA’S FOREIGN DEBT
(Daily News: March 8, 2001)
The Finance Minister Zurab Nogaideli, who had returned from France after negotiations with the Paris Club of creditors, made a report at the financial-budgetary committee of the Parliament today. The foreign indebtedness of Georgia runs to around $2 billion at the moment.
PARIS CLUB OF CREDITORS HAS DECIDED TO RESTRUCTURE GEORGIA’S FOREIGN DEBT
(Daily News: March 7, 2001)
The Paris Club decided to restructure the foreign debt of Georgia under the so-called Houston version during the talk, which came to an end on March 6. The Georgian Finance Minister Zurab Nogaideli reported from Paris that this was an unprecedented case, as Georgia did not meet Huston’s conditions.
BUDGET HAS NOT RECEIVED 7M LARI IN FEBRUARY
(Daily News: March 2, 2001)
The Minister of Tax Revenues Mikheil Machavariani said at the press-conference today, that this happened due to uncollected 4 million Lari from the Ajara Autonomous Republic and 3 million – from the customs service. He noted Ajara was to transfer 1 million in the near future and the rest of the sum – during this month.
HEADS OF REGIONS STAND AGAINST THE STRENGTHENING OF REGIONAL POWER COMPANIES
(Daily News: February 28, 2001)
The Ministry of State Property Management offers to combine 8 regional power-distributing companies in 2 – Eastern and Western, and then announce a tender for their privatization. As stated Ukleba Minister at the government meeting today, strengthened power company will arouse much more interest in potential investor.
PARLIAMENT DELEGATION OF GEORGIA IS ON BUSINESS TRIP IN GREAT BRITAIN
(Daily News: February 27, 2001)
The visit of Georgian delegation, headed by Zurab Zhvania, Chairman of the Parliament will last from February 27 until March 3. The delegation will visit London and Belfast.
THE PARLIAMENT WILL CONSIDER THE QUESTION OF RATIFICATION OF “ZERO VARIANT” AT THE MEETING ON FEBRUARY 16
(Daily News: February 15, 2001)
Today the question of ratification over Georgia’s yielding up its share in the assets and liabilities of the property of former USSR (“zero variant”) has considered Parliament committees and fractions.
Committees of economic direction could not make a precise decision.
SPRING SESSION OF THE PARLIAMENT OPENED TODAY
(Daily News: February 13, 2001)
As we have already noted, President was to make a report on the situation in the country at today’s session of the Parliament. However, the Chairman of the Parliament Zurab Zhvania said President would not address the Parliament until after reaching an agreement on the restructuring of the foreign debt of Georgia with the Paris Club of state-creditors.
ONE SHOULD PREPARE FOR WINTER IN SUMMER OR ITS TIME TO THINK ABOUT PRIVATIZATION OF GAS DISTRIBUTION SYSTEM
(Weekly Economic Review: February 10, 2001)
The JSC Tbilgaz, the gas distribution company of the capital, is to be privatized till next winter. Otherwise, in the winter season of 2001-2002 Tbilisi will appear in a catastrophic situation – without natural gas.
AUTUMN CESSION OF PARLIAMENT HAS OPENED TODAY
(Daily News: February 6, 2001)
As stated today Zurab Zhvania Chairman of the Parliament, this year they will focus on the system of territorial construction and the improvement of legislation, regulating the election process. Zhvania assured, that the Parliament would try to implement their working plan purposively and form the priorities, on the basis of voters’ needs.
REGIONAL DIRECTORS OF WORLD BANK IS HOLDING MEETINGS IN TBILISI
(Daily News: January 25, 2001)
Today, having arrived in Tbilisi Judy O'Connor regional director for south Caucasia World Bank (WB) met with the president of the National Bank of Georgia Irakli Managadze.
According to the National Bank (NB), O'Connor noted a successful monetary policy of Georgia and conducted by NB, within the framework of agreement with WB and IMF programs, permanent monitoring of commercial banks.
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