Governmental reserves are spent unreasonably
20 January, 2011
Governmental reserves are spent unreasonably

Georgian political opposition accuses Georgian government of unreasonable spending of the reserves of the president and government of Georgia. However, the law allows authorities to act at its discretion without legal retribution. Governmental funds have been a subject of public criticism starting from their introduction after the Rose Revolution. Association of Young Lawyers of Georgia (AYLG) has been closely monitoring the questioned funds for two years and publishing an impressive rap sheet of reserves’ funds but no results but public sentimental

resonance ensued. “Before 2007 financing cultural events [or anything else beside natural disasters] was a violation of law,” Tamar Kordzaia of AYLG told GJ. “But in 2007 government contrived to amend the law in such a way that now “unforeseen liabilities” financed by funds can be everything including concerts, and we cannot say that government violates a law.” Accordingly authorities gave a vent to their fantasy and spend the special funds’ reserves at their full discretion financing luxurious shows and concerts against the backdrop of economic crisis in the country where one-third of population lives below the poverty level. Nodar Javakhishvili, Head of Economic Direction of National Forum political party, assures that the reserve funds of the President of Georgiana and government targeted to finance unforeseen expenses [like natural disasters and other urgent occasions] spend non-transparently mostly financing cultural events and sundry entertaining occasions. In 2010 the state budget allocated GEL110 million totally on both the Presidential and governmental funds [GEL 55-million apiece] and GEL 89.6 million out of the figure [81.4% of the total funding] was spent in nine months alone, Javakhishvili asserts. “GEL 19.5 million out of the figure or one-fifth of the total spending went through so called “black hole” of the Security Council. The remainder GEL 70 million was spent on concerts and other cultural events so important for Saakashvili regime,” Javakhishvili said on a special briefing on January 14, 2011. He also reminded that the Security Council above the mentioned GEL 19.5 million also spent another GEL 40 million during the last three years and demanded of the Trust Group [set up at parliament of Georgia to investigate suspicious budgetary spending] to research the issue where the money went. Meantime first ever in its history GEL 40 million was allocated to Georgian agriculture sector by the state budget of 2011. Based on Javakhishvili’s calculations and sources GEL 11.5 million [out of the questioned GEL 70 million] was spent on concerts and entertainment events staged by Saakashvili regime. He assures that all the concerts allegedly held free of charge for audience in Batumi [the Black Sea tourist haunt of Georgia taunted by government] last summer were quite expensive taxing each citizen of Georgia in fact. Javakhishvili assures that Only Cris De Burg concert was financed by GEL 1.683 million, Placido Domingo’s gala concert and show-concert of Maya Key both held in Batumi past summer were financed by GEL 737 500 and GEL 371 300 respectively. Sundry entertainment events held in Anaklia-Ganmukhuri [the Black Sea resort bordered with the Georgian breakaway republic of Abkhazia] took GEL 2.2 million. GEL 1.85 million out of GEL 6.3 million earmarked for tourism development by the governmental funds was spent on advertising rolls and clips placed at Ukrainian TV channels ultimately. Moreover, for some reasons the President of Georgia financed [from his reserves] a musical video-roll advertising Astana. This video is not showed to Georgian audience as of yet. Further the President financed the Independence Day event of Georgia at Oslo Theater by GEL 737 thousand. Moreover, the questioned funds finance the expensive and unreasonable business trips of Georgian MPs abroad. For example, business trip of Petre Tsiskarishvili and Giorgi Gabashvili cost GEL 24.7 thousands and GEL 35 thousand respectively. Javakhishvili [been an ex-president of Georgian central bank and ex-head of Budget and Finance Committee of Parliament] stresses that as an official he never needed more than GEL 6 thousand for his business trips.

Print
Other Stories
The World Digital Mining Summit to be held in Georgia
The summit is scheduled to take place between 21st-23rd September in the Hualing Hotel, Tbilisi, Georgia.
Galt and Taggart - Tourism Boom Continues in Georgia
Tourism has become one of the key drivers for the Georgian economy. Galt and Taggart has recently published research about the Georgian tourism sector in the first half of 2018.
"The worst dream for Putin is that Russians want to live in Georgia"
This year, visitors to the Adjara region would notice that there is a boom in construction in and around Batumi.
Underground gas storage facility to be built in Georgia
KfW, a German government-owned development bank signed a EUR 150 million promotional loan with the state-owned Georgian Oil and Gas Corporation (GOGC) for the construction of the first underground gas storage facility in Georgia.
New gambling rules for Georgia
Georgian lawmakers are preparing a new draft law relating to online-casinos and gambling that will seek to curb gambling addiction in Georgia.
How expensive is it to visit Georgia?
The Georgian Lari (GEL) is the official currency of Georgia and is the only legal means of payment in the entire territory of Georgia.
Trade with the EU and the Commonwealth of Independent States (CIS) has grown significantly
Trade with the EU and the CIS has grown by 26% and 33.5 % respectively, says GeoStat, the Georgian National Statistics Office.
The unemployment rate decreases in Georgia
The unemployment rate decreased in Georgia by 1,9% and amounted to 12.1% in the 2nd quarter of 2018 compared with the previous quarter,
Memorandum of Understanding to be signed between Georgia and Malaysia
According to the Georgian Ambassador to Malaysia Nikoloz Apkhazava, Georgia plans to sign a Memorandum of Understanding (MoU) with Malaysia.
“Blauenstein Georgia” due to expand in Georgia
“Blauenstein Georgia” is planning to open more shops in Georgia. It is an agriculture company that sells meat products, meat and convenience food.
The amount of Direct Foreign Investment rises in Georgia
According to the information of the National Statistics Office of Georgia, the amount of direct foreign investment in Georgia has risen
It’s going to get  harder for foreigners to get residence permit in Georgia
It’s going to get harder for foreigners to get permit of residence in Georgia.
Mziuri Park in Tbilisi to be renovated soon
It was the dream of prominent Georgian writer Nodar Dumbadze that when the original Mziuri park was constructed and opened in 1892 that it should be a park for children,
Winemakers to produce Kvanchkara in its place of origin - Racha
Khvanchakara is a semi-sweet Georgian red wine which originates from Racha, in the western part of Georgia. Kvanchkara is made of two types of grape Mujuretuli and Aleksandrouli.
The level of Georgian wine and Chacha exported has increased
The National Wine Agency of Georgia has recently published statistical information about the level of Georgian wine and Chacha exported between January and July, 2018.
New fire engines to be Manufactured in Georgia
The Acting Head of the Emergency Management Agency Shalva Khutsishvili said that the old Zili fire engines (which were made in the USSR) will be phased out and replaced with new ones, manufactured in Georgia.
Georgia witnesses a record number of tourists
The Georgian National Tourism Administration publishes statistical information about international visits to Georgia.
Canadian businessman plans to build a hotel in Bakhmaro
Canadian businessman Vadim Malishev plans to build a hotel in Bakhmaro resort, Guria, in the western part of Georgia.
Coffee Factory will open in Tbilisi in October
The first coffee factory (which will be located on the Kakheti highway) in Tbilisi will open in October.
Places in Georgia where real estate is the most expensive
The real estate market in Georgia is growing annually. In Tbilisi as well as other regions of Georgia new developments are increasingly taking place.
How much does a vacation cost in Tbilisi?
It is the middle of summer and those who have not yet taken a vacation are looking for an appropriate place for sure!
The price for extreme sports in Georgia
Georgia offers a variety of options to extreme sport lovers.
The number of Georgians who own property abroad increases
The number of foreign properties owned by Georgians is increasing.
How much does Taxi cost in Tbilisi?
Stories how Taxi drivers try to deceive passengers and charge them with more money than they should pay are known for everybody all over the world.
What are the highest paid areas in Georgia
According to the data collected by the National Statistics Office of Georgia in the first quarter of 2018 the highest paid jobs in Georgia are found in the financial and insurance fields.
PHOTO OF THE DAY
Exchange Rates
GEL Exchange Rate
Convertor
25.09.2018
26.09.2018
USD
1
USD
2.6226
2.6226
EUR
1
EUR
3.0868
3.0868
GBP
1
GBP
3.4416
3.4416
RUB
100
RUB
3.9814
3.9814
Other Stories
Recently Toyota rolled out Global Campaign under this slogan that reflects the Olympic and Paralympic Spirit of Encouragement,
A couple from Switzerland combines Swiss tradition and technology with Georgian products. Their cheese is made in the Georgian mountains and sold in local stores and hotels.
It has been more than five years since the residents of Lilo village, near Tbilisi, cannot open their windows.
63 000 GEL was received by the Georgian Agro Export Group which is just a small part of the European Neighbourhood Programme for Agricultural and Rural development.
Georgian entrepreneur Guka Tavberidze, who runs his own business in the UK and does it quite well, has been invited by BBC
The grand opening of 7-star The Biltmore Hotel Tbilisi took place in Georgia’s capital on July 31.
DUSHETI, Georgia – The Georgian government and the World Bank will allocate USD 5.6 million (12 million GEL) to fund
A new Georgian clothing brand named Person has emerged in Georgian market.
Georgia is in the midst of an economic maelstrom, Euronews reports.
Situation at Georgia’s mineral water market is interesting: over the last year, the volume of export has grown by 56 percent. According to “GeoStat”, over $114 million worth of mineral water was sold
GEL Exchange
USD
1
USD
2.6226
EUR
1
EUR
3.0868
GBP
1
GBP
3.4416
RUB
100
RUB
3.9814