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According to the statement of the Minister of Finance of Georgia, Nodar Khaduri: “The wages of the Minister and his deputies in the Ministry of Finance of Georgia have decreased by 40%.”

FactCheck

took interest in the accuracy of this statement.

According to the information of the Ministry of Finance of Georgia, the remuneration of the Minister of Finance of Georgia kept changing annually from 2011 to the first half of 2016. The largest amount of money given as remuneration to the Minister of Finance was registered in 2012 and amounted to GEL 125,641. It should be noted that this indicator has had a trend of decrease since 2013.

Table 1:

 Wages Assigned to the Minister of Finance of Georgia and his Deputies from 2011 to 2016

2011 2012 2013 2014 2015 2016 (6 Months)
Minister 106,198 125,641 90,165 75,000 56,250 30,000
Wage 42,318 42,634 42,480 42,480 31,860 16,992
Bonus 23,010 42,780 4,335 0 0
Surplus 40,870 40,227 43,350 32,520 24,390 13,008
Deputy Minister 716,882 478,515 314,646 406,737 236,602 202,320
Wage 252,895 154,915 106,256 140,587 86,842 79,440
Bonus 284,720 235,120 29,670 39,430 4,800 0
Surplus 179,267 88,480 178,720 226,720 144,960 122,880
Overall 823,080 604,156 404,811 481,737 292,852 232,320
Source: Ministry of Finance of Georgia

As for the remuneration of the Deputy Ministers, the period from 2012 to 2013 saw a trend of decrease whilst in 2014 the sums increased once again. Unlike the Minister of Finance of Georgia, the Deputy Ministers were able to get bonuses together with their wages up to 2015.

Overall, the remuneration distributed to the Minister of Finance of Georgia and his deputies was on the decrease from 2011 to 2013. It increased by 19% in 2014 and amounted to GEL 481,737. It dropped again by 39% in 2015. The trend of decrease was evident in the first six months of 2016 as the overall remuneration of the Minister and his deputies decreased by 27%. If we compare the 2015 data to those of 2012 it becomes clear that the remuneration has dropped by 51% (GEL 311 million).

Conclusion

According to the information of the Ministry of Finance of Georgia, the remuneration of the Minister of Finance of Georgia kept changing annually from 2011 to the first half of 2016. However, the trend of decrease is evident. In 2015, the overall amount of remuneration dropped by 39% as compared to 2014 and by 51% as compared to 2012. This trend has continued in 2016 as well. From January to July 2016, the remuneration of the Minister of Finance of Georgia and his deputies decreased by 27% as compared to the same period of the previous year.

Hence, FactCheck concludes that Nodar Khaduri’s statement is TRUE.