In March 2020, the Poti Port Operator Company received a land-use permit for the first stage of the port expansion and began construction of a new dock, while the government has not yet begun searching for new investors to build the Anaklia Port.
The Covid-19 pandemic has reduced Georgia's economic dependence on other countries, including Russia. In 2019, Georgia received USD 1.6 billion in revenue from Russia through tourism, remittances and exports, which was 9% of Georgia's GDP. In 2020, Georgia received about USD 900 million in revenue from Russia through the same channels, which was about 5.7% of GDP.
Transparency International Georgia studied 10 Georgian private companies that received the most money from simplified (direct) public procurement in 2020. Last year, all 10 companies received contracts worth a total of GEL 165 million.
I. Key findings and recommendations
Key findings and recommendations1,495 public tenders worth a total of GEL 557 million were announced during the state of emergency. Only one bidder participated in more than half of the tenders.
In response to the dire economic situation in the country caused by the COVID-19 pandemic, the Government of Georgia (GoG) submitted draft amendments to the Law on the State Budget for 2020 to the Parliament on June 9, 2020. We present an analysis of this draft law and recommendations.