Importers of tobacco products speak about  the lack of communication with the government, particularly in terms of excise tax hikes. According to Director of “JTI- Caucasus” Ivane Kashia, an increase of excise duty by more than 0.10 GEL can cause a hike in price of  cigarettes. “The increase in excise …

An interview with Director of “East Gate Group” Irakli Iashvili President  of the International Chamber of Commerce Fadi Asli said that businessmen didnot trust the tax authorities. Do you agree with this statement? I do not know on what grounds he says so. Today, the business is not under pressure, …

After July, oil prices, and consequently, fuel prices decreased by almost 25%, while  in Georgia petroleum products fell only by 2.5% – this means that chaos reigns on the Georgian oil market that has never occurred  before – “Rezonansi” newspaper writes. A long and steady decline in oil prices has long …

The European Investment Bank (EIB) will open a regional office in Georgia.The European Investment Bank (EIB) Vice-President Wilhelm Molterer stated at a meeting with the Minister of Finance of Georgia which was held in the frames of his visit to Washington. As he noted, it is very important that the …

An interview with Director of “East Gate Group” Irakli Iashvili President  of the International Chamber of Commerce Fadi Asli said that businessmen didnot trust the tax authorities. Do you agree with this statement?   I do not know on what grounds he says so. Today, the business is not under pressure, …