“The eight-month budget has been executed and there is a surplus. The ninth, 10th, 11th and 12th month budgets will be executed in the same way.”

“We definitely reduced the amount of fines… including the field of revenues.”

“Our competitiveness is growing. We have made significant progress over the period of the last two years… A field such as macroeconomic stability is being improved.”

“The amount of bonuses saw a GEL 11 million reduction after 2012. Ms Nadirashvili, when you say that it is immoral to receive bonuses now, was it not immoral when a member of your family [Davit Daghelashvili] received GEL 10,000 bonuses when he was employ

On 22 July 2014, during his meeting with the Parliamentary Minority, the Minister of Finance of...

“The reserves of the National Bank of Georgia grew by USD 500 million that year and then reduced again by USD 440 million, still amounting to a USD 60 million annual growth. In addition, the reserves of the National Bank have nothing to do with the budget

On 25 July 2014 the Parliamentary Minority MPs met with the new cabinet. During the meeting, the...

“If we take away the GEL 165 million, which we spent on education, defence and agriculture, from the 2012 budget expenditure, it is clear that we spent a significantly bigger amount of money last year than in 2012, even though we couldn’t entirely gather

“We signed a treaty with the World Bank and received a concessionary loan which means we will pay a very low interest for the first 15 years. This loan will facilitate the construction of an additional 200 km of roads.”

“We paid GEL 416.2 million more in pensions and spent GEL 158.3 million more on healthcare. This is a 57.1% growth since 2011.”

“We gave an additional GEL 60 million to the Ministry of Defence in 2012 […]. Since Delta was separated from the Ministry of Defence and became part of the Ministry of Economy, respective funds were taken from the former […].”

On 23 July 2014, at the extra plenary session of the Parliament, MPs listened to the 2013 annual...

“From January to May, GEL 2.8 billion has been mobilised in the total budget which is GEL 130 million more than it was in the same period of the previous year. The tax income plan of January-May 2014 has been implemented by 101%. The income in these five

“Revenues from income tax have been increased and, as you know, income tax directly depends on the amount of wages. Hence, since the revenues have increased, the wages must have been increased as well.”

“We allocate 7% of our budget for science and education. A restriction is placed upon us by the Georgian Constitution in this regard according to which we are not allowed to raise taxes, nor are we planning to do so. Therefore, we are constrained in terms