Gov’t meeting reviews 2022-2028 strategy for capital market development
The strategy was developed with the active involvement of relevant government agencies, private sector representatives, Asian Development Bank experts and consultants. Photo: Government Administration
Tweet 
Share
The Georgian government on Monday held a meeting led by prime minister Irakli Garibashvili to discuss a range of topics, including approval of the 2022-2028 strategy for the development of the capital market of Georgia and the related action plan.
The government administration said the strategy would contribute to the “uniformity of the country's economic space, freedom of economic activity” and establishment of a competitive and stable investment environment.
Designed to reflect the government’s Vision 2030 development strategy, the strategy is also in line with the association agreement signed with the European Union in 2014, while the action plan is set for the years 2022-2024.
The strategy was developed with the active involvement of relevant government agencies, private sector representatives, Asian Development Bank experts and consultants.
The document is fully consistent with our obligations towards the European Union - that is, the obligations defined by the association agreement are fully reflected in the capital market development strategy and its action plan. The current year is particularly active in terms of capital market reform, and we have made important political decisions and submitted bills to the parliament. Today, the government approved one of the additional bills on securitisation, which will be submitted to the parliament today”, economy minister Levan Davitashvili said.
The Georgian government on Monday held a meeting led by prime minister Irakli Garibashvili that discussed a range of topics including national regulations for business trip expenses.
Georgian prime minister Irakli Garibashvili and members of the government's economic council met on Saturday to review current economic trends and new initiatives in the country.
Georgian Prime Minister Irakli Garibashvili and members of the Government's Economic Council met on Saturday to review current economic trends in the country.
Georgian Prime Minister Irakli Garibashvili on Friday said the double-digit economic growth of 10.5 percent over the first six months of 2022 was the result of the Government's "reasonable and national" policy.
Current and planned reforms in Georgia and the importance of the financial support of the European Investment Bank were discussed on Wednesday in a meeting between the Georgian prime minister Irakli Garibashvili and Maciej Czura, the head of the EIB regional representation for the South Caucasus.
The Government of Georgia on Monday presented its Capital Market Development Strategy, supported by the Asian Development Bank, in a forum hosted by the ADB and Luxembourg in Tbilisi.
Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, on Monday said it was launching a new programme to improve access to finance for domestic enterprises by promoting the capital market, in particular by stimulating the issuance of securities.