According to Papuashvili, several legislative initiatives have been developed in consultation with the government, which will be tabled at today’s session of the Parliamentary Bureau. The Parliament plans to adopt these amendments by the end of the year.“I would remind the public that in November 2006, under the United National Movement government, unconstitutional elections were held in the Tskhinvali region, resulting in the proclamation of a so-called president of South Ossetia and the formation of a so-called alternative South Ossetian government. Through this action, the government of the day granted indirect legitimacy to separatist processes, an egregious and grave betrayal of Georgia’s state interests.Several months later, a Temporary Administrative-Territorial Unit Administration was established in June 2007, once again in breach of the Constitution, based on the very same unconstitutional ‘alternative government’. This decision artificially restored the administrative boundaries of the South Ossetian Autonomous Region, which had been abolished in 1990. This move later became one of the key factors enabling the 2008 Russian military aggression and the occupation of Georgia’s historic region of Samachablo.From today’s perspective, it is evident that these decisions were part of an external power’s geopolitical manoeuvre, with Georgia cast as a sacrificial pawn. The policies implemented under Saakashvili’s leadership provoked an escalation in the region and ultimately drove the country towards war.Against this backdrop, members of Georgia’s Parliament have assessed this decision as gross treachery against Georgia’s national interests, a view reflected in the constitutional lawsuit demanding that the United National Movement be declared unconstitutional. It must be emphasised that at a time when Georgia has spent years working to strengthen its policy of non-recognition, the United National Movement regime’s use of the term ‘South Ossetia’, even indirectly, was from the outset a betrayal of the Constitution and national interests. No ‘South Ossetia’ exists within Georgian legal or political space whatsoever.Accordingly, following consultations with the government, we have decided to abolish the administration of the administrative-territorial unit established on the territory of the former South Ossetian Autonomous Region.I should emphasise that the municipalities of Akhalgori, Kurta, Tighvi, and Eredvi will remain operational. These were elected in 2006 in full accordance with the Constitution. They represent the only legitimately elected and functioning government in the Tskhinvali region and thus constitute the sole lawful continuation of Georgia’s legal and constitutional framework,” declared Papuashvili.

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“This is utterly absurd. It is unthinkable that a real estate project is being developed within our country and that local residents would be excluded from buying there. Naturally, the target audience of these projects is and will continue to be Georgian citizens,” Irakli Nadareishvili affirmed.According to the Deputy Minister, the pricing of real estate within the Eagle Hills developments will reflect the current economic situation in Georgia.“This will be evident in the pricing strategy, as it is simply impossible for the prices to fall outside the commercial parameters, which include construction costs and related factors in Georgia. Moreover, we are familiar with Eagle Hills projects in various countries, and therefore, such risks are unthinkable,” Nadareishvili added.The Deputy Minister further explained that the company’s sales office is situated in a prime location in Tbilisi, on Rustaveli Avenue, where Georgian citizens will have access to purchase property. An active marketing campaign and pre-sales phase are set to commence shortly.“The myth that there is a special pricing policy for certain groups will be dispelled very soon. There have been rumours suggesting that contracts include clauses based on nationality or quotas. This is completely unthinkable. It’s frankly laughable,” Nadareishvili concluded. 

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During a recent briefing in Parliament, Papuashvili explained that the functions of the Anti-Corruption Bureau will be entirely transferred to the State Audit Office of Georgia (SAO).“The second key aspect involves reviewing and consolidating institutional models that have existed for years, often in a fragmented or externally imposed form. We aim to strengthen the constitutional framework of the governance system and optimise the utilisation of state resources.Tackling corruption remains one of the government’s top priorities. Significant steps have been taken in this direction recently. The process involves the Department of Government Administration Efficiency, the State Audit Office, the Anti-Corruption Agency of the State Security Service, and the Prosecutor’s Office.Currently, the Anti-Corruption Bureau primarily handles the collection and monitoring of declarations from officials, political parties, and non-governmental organisations. Following consultations with the government, it was agreed that this function would be better suited to the State Audit Office, an independent, higher constitutional institution operating within the framework of public governance.In line with this initiative, it has been announced that the Anti-Corruption Bureau will be abolished from March 2, 2026, with its responsibilities fully transferred to the State Audit Office,” stated Shalva Papuashvili.

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According to G&T research, the highest growth of +11.6%Y.Y comes from branded chains (non-branded growth +7.5%Y.Y).The profitability of branded chains is mainly due to regional expansion and sales growth of existing stores. The average revenue of 1 store in Tbilisi is 2 million GEL, in the region it is 1.6 million GEL."Daily Group" maintains its leadership in the FMCG market. Recall that in 11/2024, the group was consolidated by merging "Foodmart" (with the brands Spar, Ioli and Kalata), "Daily", "Gvirila Retail" and "Retail Group" (Magniti) into one holding company.

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Demand will exceed supply by 2/3. Lasha Khutsishvili bases this expectation on the country's economic indicators, the ongoing work carried out by the government, as well as the goodwill of investors, which, according to him, is really visible.In response to a question from Parulava in the Parliament, he noted that the refinancing of $ 500 million is planned for 04/2026 and due to the increase in the price of money, the interest rate will not be the same as it was 4 or 5 years ago, although the spread, which is set according to the country's risk, will be less than the component of the previous, 2021, issue rate.“Let's wait 3-4 months and we will see this soon”, - Khutsishvili said, adding that the upcoming refinancing is neither the first nor the last.In April 2021, the country's sovereign 5-year bonds were placed at 2.75%. The risk component was 2.2%. Accordingly, the minister expects it to rise to 2.2%.On 12.04.2021, the previous issue, 10-year Eurobonds issued in 2011 (6.875%), expired.

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"Development of the national startup ecosystem is one of the main priorities of the policy that the Georgian government has been implementing for the past 10 years, the goal of which is the development of an economy based on knowledge and innovation. For this very purpose, Georgia is participating in the world's largest technology event for the third time. Both the country's stand and Georgian startups are represented, which have the opportunity to talk to global investors and mentors about various projects," said Irakli Nadareishvili.In the exhibition space organized within the framework of the event in cooperation with the Georgian Innovation and Technology Agency and agency “Enterprise Georgia", the summit participants and visitors had the opportunity to get acquainted and receive comprehensive information about the business and investment environment in Georgia and the advantages of the startup ecosystem.Web Summit is one of the largest international platforms in the field of technology, where more than 70,000 participants from more than 160 countries, hundreds of startups, investors and representatives of international companies gather annually. This year, Georgian startups - Klics; BetterStep; VS1 – DeFi; Backoffice; Herio and Tasteit, which were distributed in different profile zones, participated in the technology summit. A panel discussion was held within the framework of the summit, one of the speakers of which was the Deputy Minister of Economy and Sustainable Development."We had the opportunity to get acquainted with global technology trends and products, and I also introduced myself in this regard. I participated in a panel discussion, where the discussion focused specifically on the offer that Georgia has for global startups, innovative and technological companies - including tax benefits and the startup status that we recently introduced in Georgia", - noted Irakli Nadareishvili.According to the Deputy Minister, it is important that Georgia is represented so diversely at the event - this will contribute to attracting new international investors to the country and the development of both specific startups and the startup ecosystem in general. In addition, as Irakli Nadareishvili noted, four new global accelerators will start operating in Georgia from 2026, which will significantly support startups, including in terms of entering the international market and attracting investments.The Chairman of the Innovation and Technology Agency, Avtandil Kasradze, and the Director of the "Enterprise Georgia", Mikheil Khidureli, participated in the Web Summit 2025.

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