Ministry of Economy and Sustainable Development (Georgia)

From Infogalactic: the planetary knowledge core
Jump to: navigation, search
Ministry of Economy and Sustainable Development of Georgia
საქართველოს ეკონომიკისა და მდგრადი განვითარების სამინისტრო
Greater coat of arms of Georgia.svg
Coat of Arms of Georgia
Agency overview
Formed 1992
Headquarters Chanturia Str. N12, Tbilisi, Georgia 0118
Annual budget 13.8 million (2016)[1]
Agency executive
  • Dimitri Kumsishvili,
    Minister of Economy and Sustainable Development
Child agency

The Ministry of Economy and Sustainable Development (Georgian: საქართველოს ეკონომიკური განვითარების სამინისტრო) is a ministry of the government of Georgia in charge of regulating economic activity in the country. Its head office is in Tbilisi.[2] It is currently headed by Dimitri Kumsishvili.[3]


The Ministry of Economic Development was established after dissolution of Soviet Union. It was renamed to Ministry of Economy and Sustainable Development during government restructuring in 2010.[4]

The main functions of the ministry are to provide incentives for economic growth in the country utilizing an effective economic policy.[5] The economic policies of the state are described in the action plan of the Georgian Government for 2004-2009 titled For United and Powerful Georgia. The policies include utilization of macroeconomic policy and private entrepreneurship development. The economic reforms undertaken by the government include liberalization of entrepreneurial activities, creation of favorable, transparent and stable legislation for private business owners; realization of active privatization process and support to strengthening of private sector; facilitation of issuance of licenses and permits and reform of the system of technical regulation; economic deregulation and protection of markets against monopolization; development of tourism, transport and communication infrastructure, etc.[6]




  2. "Main." Ministry of Economy and Sustainable Development. Retrieved on 6 February 2011. "Address:12 Chanturia Str., Tbilisi, 0108, Georgia."
  3. "Government of Georgia". Retrieved 2011-04-15.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
  4. "Парламент утвердил структурную реорганизацию правительства Грузии". Georgian Times. 2010-06-30. Retrieved 2011-04-15. Unknown parameter |trans_title= ignored (help)<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
  5. Cardoso, Paulo. "American Times Presents: Georgian Minister of Economy and Sustainable Development – Mr. Giorgi Kvirikashvili". The American Times. Tbilisi, Georgia: The American Times. Retrieved 22 December 2012.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
  6. "Ministry of Economy and Sustainable Development. Ministry". Retrieved 2011-04-15.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>

External links