A new set legal ammendments exempts investors from any legal responsibiilty for negative impacts on the environment, such as pollution and contamination, that their project has caused. On 20 March 2012 the Parliament of Georgia adopted amendments to

The amount of large-scale, one-time budgetary programs implemented by the government usually increases with the forthcoming of elections. Most recently such kind of a novelty appeared in a form of so called “Summer Job”, a new student summer employme

The origins are unknown for the 38% (2 278 442 GEL) of the United National Movement’s total income and for the 6% (53 289 GEL) of the Christian-Democratic Movement’s income. Such kind of conclusion stems from analysis of the financial declarations su

When the national television outlets - Imedi TV, Rustavi 2 and the Georgian Public Broadcaster’s Channel 1 - reported about the tragic death of 46-year old Solomon Kimeridze in a police station in the town of Khashuri, one fact was striking: Not only

This is the second in a two-part series of blog posts on changes to Georgia's Budget Code. Read the first post here. 1.Lax Responsibility Accounting for Variations between Originally Approved and Revised Appropriations Apart from

If you want to sell your apartment, your car or an old television set, you probably think about placing a small advertisement in a newspaper or online to find an interested buyer. A project by the Georgian Public Registry encourages citizens to call

If you wanted to provide a suggestion to your government, or express a concern, do you think they would listen? Would you even know where to send your feedback? For people around the world, the answer to both of these questions is often “No.” The Ope

“United National Movement - free soup-kitchen for the financially disadvantaged”. This sign was hanging on the soup kitchen’s door in Ozurgeti up until 15:10p.m on 17th of February, 2012. A similar signboard was found in Zugdidi and Dusheti at the en

Only one bidder - LLC Mining Investments (company id: 404415824) - participated in an auction of a 27-year extraction license for gold, copper and other precious minerals in the Shida Kartli region held on February 29 by the Agency of Natural Re

 We previously published a blog post explaining the new regulatory framework for tax liens. After these amendments to the tax code entered into force, we tried to find out whether and how the rules have been applied to financial institutions. We