Deputy Minister of Finance: If we do not receive the EU financial tranche, it will be a less problem for the budget, however, the grant part is important and we should properly fulfill all the obligations
If we do not receive the EU financial tranche, it will be a less problem for the budget, however, the grant part of this amount is important and it is important that we properly fulfill all the obligations for this, - Deputy Minister of Finance Giorgi Kakauridze said when commenting on the statement released by the European commission today.
According to Kakauridze, the case concerns a total of 75 million euros, of which about 10 million should have been allocated in the form of grants.
"One thing I can say is that the discussions were at the working level, there was no big risk that this assistance would not come. I know that the relevant structures of the Parliament worked with the relevant experts of the European Union, where they discussed in detail what was to be done and what measures had been taken in the judiciary. Of course, it is not desirable if we do not receive these funds, as this amount is included in this year's budget as part of the revenue”, he said.
According to Kakauridze, there will not be a problem with the budget expenditures, no direction will be left without funding, but it is important to fulfill the EU obligations. If we do not receive the EU financial tranche, it will be a less problem for the budget, however, the grant part of this amount is important and it is important that we properly fulfill all the obligations for this," Kakauridze said.
According to the statement released by the European Commission, revising the selection process of Supreme Court judges in line with Venice Commission recommendations before proceeding with appointments, is a mutually agreed condition for the disbursement of the second tranche of EU macro-financial assistance to Georgia under its current programme, which could be negatively affected by the appointments of Supreme Court judges, which is a missed opportunity for the Georgian authorities to prove their commitment to a genuine and comprehensive reform of the judiciary.
