Ex-Georgian Finance Minister Nodar Khaduri dies aged 49
Nodar Khaduri served as the minister of finance of Georgia between 2012 and 2016.Photo: kvira.ge.
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Former Georgian minister of finance Nodar Khaduri, who was the first to hold the position under the current Georgian Dream leadership back in 2012, has passed away at age 49.
Heart complications have been named as the possible reason for his early death.
Since December 2016 up to now he headed the Georgian Competition Agency.
Kharuri was a professor of Tbilisi State University and is the author of more than 100 academic works which have been published in the US, Hungary, Sweden, Russia and Azerbaijan.
He was elected to the post of minister of finance of Georgia in October 2012, which he held until 2016.
While serving as minister he initiated changes to the country’s income tax legislation, with the main goal of improving the investment climate, attracting more investors and ensuring increased income for the country.
Previously he served in different positions in the ministry of finance and the Georgian parliament.
Between 2004 and 2008 he was a consultant for the United Nations Development Programme in Georgia.
Turkish investors are showing an interest in Georgia’s western Adjara region.
Georgia’s Finance Ministry is stepping up its efforts to attract more foreign capital for implementing large investment projects in the country.
Minister Nodar Khaduri cited the lack of competitiveness within the Georgian economy as the biggest challenging currently facing the country.
