Transparency International Georgia analyzed annual procurement plans of 15 largest procurers of 2017. The study revealed the following findings:
The Parliament of Georgia is currently considering a draft law on "Defined Contribution Pensions” that aims to introduce new mandatory defined contribution (DC) pension schemes in Georgia from July 1, 2018. Participation in this scheme will be mandatory for all hired employees less than 40 years of age. They will be required to direct 2% of their earnings to their retirement savings and employer will add the same amount.
The study of public procurement conducted from 1 January 2015 until 30 June 2017 showed the following main trends:Legal Framework
On 29 September of the current year, the government submitted a draft law on “Remuneration in Public Institutions” to the Parliament of Georgia.