Ministry of Economy and Sustainable Development (Georgia)

Georgian government ministry

Levan Davitashvili (since 9 February 2022)
Minister of Economy and Sustainable Development

Child agency

United Transport Administration

Websitewww.economy.ge

The Ministry of Economy and Sustainable Development (Georgian: საქართველოს ეკონომიკური განვითარების სამინისტრო) is a ministry of the government of Georgia in charge of regulating economic activity in the country. Its head office is in Tbilisi.^[2] It is currently headed by Levan Davitashvili.^[3]

Structure

The Ministry of Economic Development was established after dissolution of Soviet Union. It was renamed to Ministry of Economy and Sustainable Development during government restructuring in 2010.^[4]

The main functions of the ministry are to provide incentives for economic growth in the country utilizing an effective economic policy.^[5] The economic policies of the state are described in the action plan of the Georgian Government for 2004–2009 titled For United and Powerful Georgia. The policies include utilization of macroeconomic policy and private entrepreneurship development. The economic reforms undertaken by the government include liberalization of entrepreneurial activities, creation of favorable, transparent and stable legislation for private business owners; realization of active privatization process and support to strengthening of private sector; facilitation of issuance of licenses and permits and reform of the system of technical regulation; economic deregulation and protection of markets against monopolization; development of tourism, transport and communication infrastructure, etc.^[6]

Budget

The budget of the Ministry of Economy and Sustainable Development in 2023 is GEL 558.2 million (USD 210.2 million), down by 374.2 million (USD 140.9 million) compared to 2022.^[7]

Sub-agencies

United Transport Administration

Ministers

Vladimir Papava, 1994–2000
Ivane Chkhartishvili, 2000–2001
Giorgi Gachechiladze, 2001–2003
Irakli Rekhviashvili, November 2003 – June 2004
Kakha Bendukidze, June 2004 – December 2004
Lekso Aleksishvili, December 2004 – June 2005
Irakli Chogovadze, June 2005 – November 2006
Irakli Okruashvili, November 2006
Giorgi Arveladze, November 2006 – January 2008
Eka Sharashidze, January 2008 – December 2008
Lasha Zhvania, December 2008 – August 2009
Zurab Pololikashvili, August 2009 – July 2010
Vera Kobalia, July 2010–25 October 2012
Giorgi Kvirikashvili, 25 October 2012 – 2015
Dimitri Kumsishvili, 1 September 2015 – 2018
Giorgi Kobulia, 1 September 2018 – 18 April 2019
Natela Turnava, 18 April 2019 – 9 February 2022
Levan Davitashvili, 9 February 2022 – Present

References

^ "Georgian Parliament Approves 2023 State Budget". Retrieved 2023-10-25.
^ "Main." Ministry of Economy and Sustainable Development. Retrieved on 6 February 2011. "Address:12 Chanturia Str., Tbilisi, 0108, Georgia."
^ "Agriculture minister Davitashvili replaces economy minister Turnava in reshuffle". Agenda.ge. 9 February 2022.
^ "Парламент утвердил структурную реорганизацию правительства Грузии" [Parliament confirmed structural re-organization of the Georgian government]. Georgian Times. 2010-06-30. Retrieved 2011-04-15.
^ Cardoso, Paulo. "American Times Presents: Georgian Minister of Economy and Sustainable Development – Mr. Giorgi Kvirikashvili". The American Times. Tbilisi, Georgia. Retrieved 22 December 2012.
^ "Ministry of Economy and Sustainable Development. Ministry". Retrieved 2011-04-15.
^ "Georgian Parliament Approves 2023 State Budget". Retrieved 2023-10-25.