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,
TBILISI, DFWatch–Former Prime Minister Bidzina Ivanishvili says he once planned to arrest Kadagidze due to ‘personal’ business, but changed his mind by request of representatives of the International Monetary Fund (IMF).
The revelation comes after weeks of criticism
TBILISI, DFWatch–The president of Georgia’s National Bank may be impeached after former Prime Minister Bidzina Ivanishvili on Thursday accused him of inaction in the face of a sudden thirty percent drop in the lari.
The National Bank is an independent body whose
TBILISI, DFWatch–Georgia’s National Bank will not spend its reserves of foreign currencies to stabilize the lari despite a dramatic 30 percent drop earlier in the week.
The bank’s president Giorgi Kadagidze explained at a briefing at noon on Friday that