Agency Name: | Ministry of Finance of Georgia |
Nativename: | საქართველოს ფინანსთა სამინისტრო |
Nativename R: | Sakartvelos Pinansta Saministro |
Seal: | Greater coat of arms of Georgia.svg |
Jurisdiction: | Government of Georgia |
Headquarters: | N16, V. Gorgasali str. Tbilisi, Georgia 0114 |
Budget: | ₾106 million (USD 39.9 million) (2023).[1] |
Chief1 Position: | Minister of Finance |
Website: | www.mof.ge |
The Ministry of Finance (Georgian: საქართველოს ფინანსთა სამინისტრო) is a governmental agency within the Cabinet of Georgia in charge of regulating the financial sector in the Republic of Georgia. Lasha Khutsishvili has served as the Minister since 1 April 2021.
Main functions of the ministry is regulation of financial sector by ensuring sustainable economic development and financial stability; enforcing state policies on financial issues, budgeting and taxes; ensuring stability of state finances and development of financial markets in the country; attracting foreign creditors to Georgian economy; improvement of budgeting, tax forecasting, financial mechanisms; ensuring financial control over budgetary funds and spending; treasury development, revenue mobilization, provision of state budget funds management and controlling movement of funds within Georgia.[2]
The budget of the Ministry of Finance in 2023 is GEL 106 million (USD 39.9 million), up by GEL 596,000 (USD 224,521) compared to 2022. [3]