Georgian Ministry of Finances

Georgian Finance Minister highlights 10% growth in 2022

Georgian Finance Minister highlights 10% growth in 2022

Georgian Finance Minister Lasha Khutsishvili said the country’s economy had grown by 10% in the first 11 months of 2022, with the rate expected to be maintained in the final figures of the year. The Ministry on Monday quoted …

Georgia and World Bank Group discuss projects

Georgia and World Bank Group discuss projects

Georgian officials met World Bank Group representatives on Thursday to discuss current and future projects, as the sides are marking 30 years of partnership this year, the Georgian Ministry of Finance said. The meeting involved Finance …

Georgian Finance Minister to take high post at EBRD

Georgian Finance Minister to take high post at EBRD

Georgian Finance Minister Lasha Khutsishvili will be one of the two Vice-Chairpersons of the Board of Governors of the European Bank for Reconstruction and Development (EBRD). This was reported in the Georgian Finance …

Georgia has 1.5 months of wheat reserve - finance ministry

Georgia has 1.5 months of wheat reserve - finance ministry

Georgia has wheat resources enough for more than a month and more can be imported if necessary for food security, Georgian Finance Minister Lasha Khutsishvili said.  The price of wheat was "changing rapidly" in both …

Gakharia urges to ensure price stability in Georgia

Gakharia urges to ensure price stability in Georgia

Georgian Prime Minister Giorgi Gakharia has urged the National Bank of Georgia to actively use all instruments at its disposal to ensure price stability and inflation targeting. Gakharia noted that fiscal policy …

Citizen of Turkey detained in Georgia for using fake currency

Citizen of Turkey detained in Georgia for using fake currency

A Turkish citizen has been detained for smuggling and using fake currency, according to the Investigation Service of the Georgian Ministry of Finance. The man has been accused of bringing fake 15,000 Turkish lira ($2,635) in from …

Georgian authorities merge two state agencies - media

Georgian authorities merge two state agencies - media

The Georgian government decided to merge the Service Agency of the Ministry of Finance and the National Agency of State Property of the Ministry of Economy and Sustainable Development, Georgia's Minister of Economy and Sustainable Development …

Georgian police detain man for falsifying tax documents

Georgian police detain man for falsifying tax documents

Georgian police have detained one individual for falsifying tax documents in the region of Kvemo Kartli several days ago. Police reported that the detainee falsified a VAT (value added tax) invoice and bill of sale to show that he …

accountant detained in Georgia for stealing more than $814,000

accountant detained in Georgia for stealing more than $814,000

Law enforcers have detained a chief accountant of one of the companies, who, with the use of his post, stole $814,326, according to Georgia's Ministry of Finance. The ministry reported that the individual had an access to the …

IMF to offer $40 million to Georgia

IMF to offer $40 million to Georgia

Georgia will get about $40 million from the International Monetary Fund (IMF) after the fourth review of the Extended Fund Facility (EFF) programme is finalised. After the fourth review the amount of money allocated for Georgia will …

Georgia's state budget 2018 approved

Georgia's state budget 2018 approved

Georgia’s state budget for 2018 will be 12 billion GEL, which is 943.8 million GEL more compared to 2017. Georgia's Parliament approved the financial document with 111 votes yesterday. While presenting next …

China gifts Georgia transport inspection system

China gifts Georgia transport inspection system

The Chinese government has gifted a new combined mobile container/transport inspection system to Georgia. Georgia’s Finance Minister Dimitry Kumsishvili and Ambassador of China to Georgia JI Yanchi …

Three counterfeiters arrested in Georgia

Three counterfeiters arrested in Georgia

Three people accused of selling counterfeit money were arrested in Georgia. Criminals been detained by employees of the Investigative Department of Georgia's Finance Ministry based on court decision. …

Coffee plant in Tbilisi added peas to ground coffee

Coffee plant in Tbilisi added peas to ground coffee

In Georgia, one of the enterprises for the production of ground coffee diluted ground coffee with peas, produced at the same plant. This fact was established by the Investigation Service of the Ministry of Finance …

Underground casino closes in Tbilisi

Underground casino closes in Tbilisi

The police has stopped has closed an illegal gambling club in Tbilisi, the Investigative Service of the Ministry of Finance of Georgia reported. The institution is located  at Tabukashvili str, 6. …

Georgian Lottery Company to be sold

Georgian Lottery Company to be sold

Georgia has decided to sell 70% share of the State Lottery company (GCL) with a starting price of 1000 GEL. The company will be sold for a token value, due to a solid debt of more than 200 million lari. The non-governmental sector …

Three counterfeiters detained in Georgia

Three counterfeiters detained in Georgia

Employees of the Investigation Service of the Ministry of Finance of Georgia have detained three previously-convicted citizens on suspicion of counterfeiting. "At this stage of the investigation instances of 222 counterfeit …

World Bank creates energy development strategy for Georgia

World Bank creates energy development strategy for Georgia

The World Bank is developing a long-term strategy of development of the Georgian energy sector. During the meeting, representatives of the Bank's mission briefed the Georgian Finance Minister Nodar Khaduri with the proposals …