Georgian Finance Minister Meets OECD Representative

Dimitry Kumsishvili, Georgia’s First Vice-Premier and current Minister of Finance, met with Bill Thompson, the representative of the Organization for Economic Co-operation and Development (OECD) in the Eurasian Region.

At the meeting both sides discussed a broad spectrum of Georgia and OECD partnership. Particular attention was paid to the projects implemented by OECD in cooperation with Georgia, including tax direction.

Future cooperation priorities were also discussed at the meeting.

Kumsishvili introduced his guest with the current economic situation in Georgia and spoke about the planned reforms.

The Vice-Premier also spoke about the 4-point plan of the Government of Georgia which envisages modifying Georgia's income tax rules, improving governance, accelerating infrastructure projects and developing higher education.

The meeting highlighted the significant progress Georgia has made in combating both anti-corruption and tax fraud.

It was agreed by both Kumsishvili and Thompson to further develop mutual cooperation.

The OECD is an intergovernmental economic organization with 35 member countries, founded in 1960 to stimulate economic progress and world trade. It is a forum of countries describing themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seeking answers to common problems, identify good practices and coordinate domestic and international policies of its members. OECD is an official United Nations Observer.

By Thea Morrison

Related Stories:

EIB and ProCredit Bank Support Hundreds of Companies in Georgia

Georgia’s Minister of Finance Meets with EBRD First Vice President