1 / 11

Economic Freedom of the World 2010 Georgia

Economic Freedom of the World 2010 Georgia. Gia Jandieri Vice-president, NESG Tbilisi, Sep 21, 2010. Georgia 2009-2010. Doing Business 2010 – Top 10+. DB 2009-2010. HERITAGE FOUNDATION 2010. Finance Act - 2008. Independent regulatory body of Finance Sector

nia
Download Presentation

Economic Freedom of the World 2010 Georgia

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Economic Freedom of the World 2010Georgia GiaJandieri Vice-president, NESG Tbilisi, Sep 21, 2010

  2. Georgia 2009-2010

  3. Doing Business 2010 – Top 10+

  4. DB 2009-2010

  5. HERITAGE FOUNDATION 2010

  6. Finance Act - 2008 • Independent regulatory body of Finance Sector • Decreasing and elimination of taxes on: • Dividends • Capital gains, and • Interest Until 2013

  7. Other initiatives of Georgian Government • De-regulation of pharmaceutical business activities • Easing of permissions for construction business • Introduction of e-failing of tax declarations • Total elimination of social (insurance) tax from 2007

  8. Georgia and the EU • From Free Trade to Deep and Comprehensive Free Trade Agreement = harmonization of legislation, re-regulating and increasing of taxes • Debated topics: • Anti-trust regulation • Emigration and labor policy towards foreigners • Contact based Labor • Food safety… • New requirements every day

  9. Liberty Act • Referendum requirement for tax increase • No new regulations • Restricted fiscal system: • Public debt • Deficit • Limited government spending

  10. Problems to be Solved • Inviolability of private property • Anti-constitutional Taxation administrative rules • Still high level of taxation • Increased public spending • Increased Public debt…

  11. Many thanks • Gia Jandieri • gjandieri@gmail.com

More Related