Georgian PM: Government will “do its best” to further reduce fuel, food prices
In his address to lawmakers, Garibashvili highlighted “effective negotiations” of the Government had led to reductions, with prices at non-branded petrol stations dropping below ₾2 (0.78$). Photo: PM's Press Office
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Georgian Prime Minister Irakli Garibashvili on Friday told the country’s Parliament the Government was continuing talks with fuel importers and ensuring “everything” was done to further reduce domestic prices.
In his address to lawmakers, Garibashvili highlighted “effective negotiations” of the Government had led to reductions, with prices at non-branded petrol stations dropping below ₾2 (0.78$).
The Government head also pointed out a new draft bill was aimed at reducing food prices and regulate the relationship between importers and sellers, as well as between the retail chains. He said a further reduction in food prices - by an estimated 20 to 30 percent - would result from the adoption of the law.
“Overall, the Government has concrete visions - whether in construction of houses for the internally displaced people or improved services - [and] it will show serious progress in all directions", he told MPs.
Georgia’s economic growth, a draft law on fair trade that aims to reduce food and oil prices, and the development of countrywide spatial planning were discussed in a Government session led by Prime Minister Irakli Garibashvili on Friday.
Mamuka Mdinaradze, the head of the ruling Georgian Dream party in the Parliament, on Monday pledged support for the Government's forthcoming bill for regulating high prices on various products in the country.
Georgian Prime Minister Irakli Garibashvili on Monday said he had instructed the country’s Economy Ministry to draft a bill to ensure reduction in domestic prices on food and oil.
Georgian Prime Minister Irakli Garibashvili on Monday criticised oil and food importers in the country for “very high profits” facilitated through prices added to the “real cost” of the products, and instructing several ministers to set up a working group to negotiate a reduction.
The future of Georgia does not belong to the servants of foreign countries, but to the patriots, our future generation, the Georgian Prime Minister Irakli Garibashvili told the country’s Parliament on Friday.
Georgian Prime Minister Irakli Garibashvili on Monday rejected “misinformation” around Tbilisi's Central Republican Hospital and vowed all employees of the city’s major healthcare venue would retain their jobs, following a letter by professionals of the institution that raised an alarm about the Government’s possible plans for “demolishing” the Hospital.
Georgian Prime Minister Irakli Garibashvili on Monday said the awarding of the imprisoned former President Mikheil Saakashvili with Norway’s Sjur Lindebrekke Award for promotion of human rights and democracy was a “mockery” and an “insult” to Georgia’s citizens.
Five companies involved in the import and sale of fuel in Georgia have been fined ₾4 million ($1.53mln) for violating antitrust legislation by artificially maintaining high prices in the retail market, the Georgian National Competition Agency announced on Friday.
The Georgian Ministry of Economy on Monday dismissed “false” reports by domestic TV channels that said prices on fuel were expected to increase as Russia had stopped providing the country with petrol and diesel at subsidised prices, with oil businesses facing “difficulties”.
The Georgian Environmental Protection Ministry’s Department of Environmental Supervision on Wednesday revealed it had inspected 100 petrol stations across the country to check fuel quality and issued $746,362 in fines for violations of environmental standards.