Ministry of Finance of Georgia explained

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.

Structure

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]

Budget

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]

List of ministers of finance

See also

Notes and References

  1. Web site: Georgian Parliament Approves 2023 State Budget . 2023-10-25.
  2. Web site: Ministry of Finance of Georgia. About the Ministry . 2011-02-21 . dead . https://web.archive.org/web/20101221170614/http://mof.ge/en/plans_and_priorities . 2010-12-21 .
  3. Web site: Georgian Parliament Approves 2023 State Budget . 2023-10-25.