Saturday, December 20, 2025

Georgian president vetoes National Bank bill

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President Giorgi Margvelashvili. (Interpressnews.)

TBILISI, DFWatch–Georgian President Giorgi Margvelashvili on Friday vetoed a controversial National Bank bill which would mean that the government takes charge of the supervision of private banks.

The president made his reasons for blocking the bill,

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Judicial committee joins president in resisting National Bank bill

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Committee head Vakhtang Khmaladze. (Interpressnews.)

TBILISI, DFWatch–The Georgian parliament’s judiciary committee agree with the president about a proposed bill to strip away the bank supervisory function from the National Bank, claiming that it violates the constitution.

Committee chair Vakhtang Khmaladze said on Friday

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Georgian president to veto National Bank bill

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President Giorgi Margvelashvili. (Interpressnews.)

TBILISI, DFWatch–For at least the second time, the situation between the Georgian parliament and the president has become tense. Now the president plans to veto an initiative concerning the president of the National Bank.

Since the president and non-governmental

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