TBILISI, DFWatch–Parliament in Georgia approved a bill on Sunday which will relieve the National Bank of responsibility for supervising private banks and instead transfer such authority to a new agency.
The vote was preliminary, as the bill must go through
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
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
TBILISI, DFWatch–The president is starting consultations to find a new head of the National Bank of Georgia (NBG).
Current NBG head Giorgi Kadagidze was appointed during Saakashvili’s presidency for a seven years term which expires in February, 2016.
According
TBILISI, DFWatch–The ruling Georgian Dream coalition wants to create a new minister post in the government: mountain minister.
The initiative is quite fresh, and the public and opposition MPs have not yet formed an opinion about the idea because not many details are known.
TBILISI, DFWatch–Non-governmental organizations have registered a legislative proposal in parliament on Wednesday that will obligate political parties to include women on their party lists for the parliamentary election.
Currently, 77 out of the 150 members of parliament
TBILISI, DFWatch–The Georgian president is preparing to veto a bill to form an independent supervisory agency to oversee the banking system, because it contradicts an association agreement which Georgia signed with the EU last year.
Recently, the government
TBILISI, DFWatch–Four former members of the National Movement say they left the party to save the country from ‘pro-Russian forces’ which may come to power in the 2016 parliamentary election.
Zurab Japaridze, Goga Khachidze, Pavle Kublashvili and Giorgi Meladze
TBILISI, DFWatch–The government in Georgia has decided to strip the National Bank of responsibility for supervising banks and transfer this mechanism to the prime minister.
The decision follows months of criticism by the government against the head of the National
TBILISI, DFWatch–The government in Georgia has drawn up a plan to split the Ministry of Internal Affairs (MIA) into two units, with counterintelligence kept separately and under parliamentary control.
Prime Minister Irakli Garibashvili announced the revived