Ministry of Finance of Georgia

  • Lasha Khutsishvili (since 1 April 2021),
    Minister of Finance
Websitewww.mof.ge

The Ministry of Finance (Georgian: საქართველოს ფინანსთა სამინისტრო) is a governmental agency within the Cabinet of Georgia in charge of regulating the financial sector in the Republic of Georgia. Lasha Khutsishvili has served as the Minister since 1 April 2021.

Structure

Main functions of the ministry is regulation of financial sector by ensuring sustainable economic development and financial stability; enforcing state policies on financial issues, budgeting and taxes; ensuring stability of state finances and development of financial markets in the country; attracting foreign creditors to Georgian economy; improvement of budgeting, tax forecasting, financial mechanisms; ensuring financial control over budgetary funds and spending; treasury development, revenue mobilization, provision of state budget funds management and controlling movement of funds within Georgia.[2]

Budget

The budget of the Ministry of Finance in 2023 is GEL 106 million (USD 39.9 million), up by GEL 596,000 (USD 224,521) compared to 2022. [3]

List of ministers of finance

  • Guram Absandze, November 1990 – January 1992
  • Parnaoz Ananiashvili, January 1992 – September 1993
  • David Iakobidze, September 1993 – April 1997
  • Mikheil Chkuaseli, May 1997 – November 1998
  • David Onoprishvili, November 1998 – May 2000
  • Zurab Noghaideli, May 2000 – November 2001
  • Mirian Gogiashvili, November 2001 – November 2003
  • Zurab Noghaideli, November 2003 – February 2005
  • Valeriy Chechelashvili, February 2005 – June 2005
  • Lekso Aleksishvili, June 2005 – August 2007
  • Nika Gilauri, August 30, 2007 – February 6, 2009
  • Kakha Baindurashvili, February 6, 2009 – June 17, 2011
  • Dimitri Gvindadze, June 20, 2011 – August 13, 2012
  • Alexander Khetaguri, August 13, 2012 – October 25, 2012
  • Nodar Khaduri, October 25, 2012 – November 2016
  • Dimitry Kumsishvili, November 22, 2016 – 13 November 2017
  • Mamuka Bakhtadze, 13 November 2017 – 13 June 2018
  • Nikoloz Gagua, 21 June 2018 – 12 July 2018
  • Ivane Matchavariani, 12 July 2018 – 31 March 2021
  • Lasha Khutsishvili, 1 April 2021 – Present

See also

References

  1. ^ "Georgian Parliament Approves 2023 State Budget". Retrieved 2023-10-25.
  2. ^ "Ministry of Finance of Georgia. About the Ministry". Archived from the original on 2010-12-21. Retrieved 2011-02-21.
  3. ^ "Georgian Parliament Approves 2023 State Budget". Retrieved 2023-10-25.