natia turnava

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Georgia

IMF suspends financial assistance to Georgia

by Shota Kincha

•3 min read

The International Monetary Fund (IMF) has suspended its financial support programme in Georgia, a week after the country’s central bank announced it would not impose American sanctions on a Georgian citizen. On Tuesday, the National Bank of Georgia confirmed that the IMF had ‘temporarily suspended’ its programme for Georgia. The announcement came as part of a press release for a meeting between Natia Turnava, the National Bank’s Acting Governor, and Paweł Herczyński, the EU’s Ambassador to

Georgia

Georgian Economy Minister Natia Turnava resigns

by Shota Kincha

•4 min read

Georgian Economy Minister Natia Turnava has resigned, at the behest of Prime Minister Irakli Gharibshvli. She had become known as an ardent defender of the ruling Georgian Dream party on some of its most controversial decisions, including the construction of the Namakhvani dam, and the cancellation of the Ankalia deep-sea port. On 9 February, Georgian Prime Minister Irakli Gharibashvili announced a change in his cabinet, removing Natia Turnava as Minister of Economy and Sustainable Development

Anaklia Port

Georgian government to announce new bidding for Anaklia port after pulling contract with investor

by OC Media

•6 min read

The Georgian government has announced that bidding to take over development of the Anaklia deep sea port will ‘soon’ begin. The government pulled the contract with the Anaklia Development Consortium, who were previously developing the project, earlier in January. On 21 January, Economy Minister Natia Turnava confirmed the government was to announce a new tender to replace Anaklia Development Consortium (ADC), a group of local and international companies responsible previously for the port proj

Georgia

New investor to take over Tkibuli mine ending workers’ hunger strike

by OC Media

•3 min read

Coal miners in the west-Georgian town of Tkibuli have ended their protest after Economy Minister Natia Turnava announced that overdue salaries would be paid and that the mine would soon restart operations. On 26 September, Turnava announced that a ‘new company’ would take over the coal mines in Tkibuli. Speaking after the joint meeting with the current owners of the mine, Saknakhshiri, the new company, and workers, Turnava said that the new investor was a Georgian company that had ‘Ukrain

Anaklia Port

Anaklia port warns of ‘suspension’ after government briefly greenlights Poti port

by OC Media

•4 min read

Anaklia Development Consortium warned on Thursday that the Anaklia Deep Sea Port project was at risk after finding out that the Georgian government had sanctioned construction of the Poti port. Following backlash, the Georgian economy minister said she knew nothing about the license and revoked the document, which she insisted was not a building permit. The controversy started on 29 May with the statement of Anaklia Development Consortium, a group of local and international companies workin

Editorial

Editorial | Georgia’s show of force in Pankisi was reckless and irresponsible

by OC Media

•5 min read

A pitched battle between protesters and riot police in Georgia’s Pankisi Valley has undone years of work to build trust with a community that has been historically marginalised. The government needs to prioritise a more participatory approach to regional development over business interests. On Sunday, environmental protesters in northeast Georgia’s Pankisi Valley clashed with riot police over the resumption of construction work on a hydropower plant (HPP) — the third in the valley.