Ministry of Finance of Georgia

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.

Ministry of Finance of Georgia

საქართველოს ფინანსთა სამინისტრო Sakartvelos Pinansta Saministro
Coat of Arms of Georgia
Ministry logo
Agency overview
Jurisdiction	Government of Georgia
Headquarters	N16, V. Gorgasali str. Tbilisi, Georgia 0114
Annual budget	₾106 million (USD 39.9 million) (2023).[1]
Agency executive	Lasha Khutsishvili (since 1 April 2021), Minister of Finance
Website	www.mof.ge

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

• Guram Absandze, November 1990 – January 1992
• Parnaoz Ananiashvili, January 1992 – September 1993
• David Iakobidze, September 1993 – April 1997
• Mikheil Chkuaseli, May 1997 – November 1998
• David Onoprishvili, November 1998 – May 2000
• Zurab Noghaideli, May 2000 – November 2001
• Mirian Gogiashvili, November 2001 – November 2003
• Zurab Noghaideli, November 2003 – February 2005
• Valeriy Chechelashvili, February 2005 – June 2005
• Lekso Aleksishvili, June 2005 – August 2007
• Nika Gilauri, August 30, 2007 – February 6, 2009
• Kakha Baindurashvili, February 6, 2009 – June 17, 2011
• Dimitri Gvindadze, June 20, 2011 – August 13, 2012
• Alexander Khetaguri, August 13, 2012 – October 25, 2012
• Nodar Khaduri, October 25, 2012 – November 2016
• Dimitry Kumsishvili, November 22, 2016 – 13 November 2017
• Mamuka Bakhtadze, 13 November 2017 – 13 June 2018
• Nikoloz Gagua, 21 June 2018 – 12 July 2018
• Ivane Matchavariani, 12 July 2018 – 31 March 2021
• Lasha Khutsishvili, 1 April 2021 – Present

See also

• Cabinet of Georgia

References

1. "Georgian Parliament Approves 2023 State Budget". Retrieved 2023-10-25.
2. "Ministry of Finance of Georgia. About the Ministry". Archived from the original on 2010-12-21. Retrieved 2011-02-21.
3. "Georgian Parliament Approves 2023 State Budget". Retrieved 2023-10-25.