2015 budget cuts

    Head of Georgia’s National Bank calls for merging ministries to save money

    By | February 17th, 2016|Categories: Politics|Tags: , |

    (Interpressnews.) TBILISI, DFWatch–The president of the National Bank suggests reducing the number of ministries in Georgia in order to save public money. In an interview with Rustavi 2, Giorgi Kadagidze drew attention to Switzerland, a developed country which has eight ministries, […]

      Head of Georgia’s National Bank makes new call to cut expenses

      By | July 16th, 2015|Categories: News|Tags: |

      TBILISI, DFWatch–The president of Georgia’s National Bank on Wednesday again asked the government to cut the budget, but the government has no plans to follow the recommendation. Giorgi Kadagidze said the adjustments in the 2015 budget […]

        Georgian government proposes USD 60 million budget cuts

        By | June 23rd, 2015|Categories: News|Tags: |

        Finance Minister Nodar Khaduri. (Interpressnews.) TBILISI, DFWatch–The government in Georgia plans 140 million of budget cuts, about USD 60 million with today’s currency rate. The finance minister on Monday presented an adjusted budget to the cabinet of ministers. He said that the state budget, […]

          Georgian government preparing almost USD 300 million budget cuts

          By | May 18th, 2015|Categories: Economy|Tags: , , |

          Economy Minister Giorgi Kvirikashvili. (Interpressnews.) TBILISI, DFWatch–The government in Georgia is preparing to drastically cut the state budget to deal with a 30 percent reduction in value of the national currency. Presenting the plans Monday, members of the ruling coalition said the budget will be cut by 500 […]