Wednesday, March 11, 2026

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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