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Ministry of Economic Development of Georgia will issue non preferential and preferential CT-1 certificates since 1st August, 2008

Poti Sea Port development potential to be studied by “Alkyon Hydraulic and Research”

Georgia and Switzerland sign Air Traffic Agreement

Georgia Exported 21 537 Bottles to 8 States in Q1 2008

10. Corruption-Free Environment

 

Eliminating corruption has been a key priority of Georgia’s new government, which was swept into power by the Rose Revolution of November 2006, supported by a citizenry unwilling to continue to abide the rising tide of corruption and criminality that culminated in an attempt to steal the election of 2003. The new government’s efforts have significantly improved fiscal administration, scaled back Georgia’s shadow economy, and produced a significant decrease in corruption in the public and private sectors as measured by international standards:
 
  • The World Bank hails Georgia as the top anticorruption performer in its 2006 "Anticorruption in Transition-3" (ACT3) report.
  • The World Bank and EBRD report that the percentage of firms that identified corruption as a significant obstacle fell from 60% to 39% from 2002 to 2005, and the percentage of firms that paid bribes during tax collection fell from 44% to 11% from 2002 to 2005.
  • The Millennium Challenge Corporation’s 2007 eligibility indicators for Georgia indicate that Georgia now satisfies the indicator regarding “Control of Corruption.” Georgia now scores above its peer group, an improvement from its 2006 scores.
  • 95 % of Georgians surveyed said they had not paid a bribe to receive a public service in the last 12 months according to a February 2007 International Republican Institute Poll.

 

 

Source: EBRD-World Bank, Business Environment and Enterprise Performance Survey (BEEPS), Survey of all of the countries in the Former Soviet Union (CIS), Europe and Central Asia (ECA), as well as Turkey.

 

 
Wide scale reforms were quickly implemented in Georgia, the investments have doubled over the last three years.

Jean Lemierre

President of the European Bank for Reconstruction and Development