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The News in Brief

Wednesday, June 14, 2023
Prepared by Messenger Staff

Parliament Overcomes President's Veto on the Law 'On the National Bank' with 15 in Favor and 26 Against



In a parliamentary session, the veto imposed by the President on the law "On the National Bank" was overcome, with 15 members in favor and 26 members against the veto. A total of 124 parliament members were present during the session. Initially, the draft law was voted on with motivated remarks by the President, but it did not receive sufficient support. Subsequently, the original version of the draft law was voted on and received the support of 82 deputies, while nine members voted against it.

As part of the changes, a new executive position of the first vice-president is introduced to the board of the National Bank. The First Vice-President will assume the duties of the President of the National Bank in their absence.

On February 23, the President of Georgia, Salome Zourabichvili, vetoed the amendments to the law "On the National Bank."



UNM's Tina Bokuchava Urges Majority to Reject 'Deoligarchization' Bill



Tina Bokuchava, the chairperson of the "United National Movement" faction, expressed concern about the actions of the "Georgian Dream" party, stating that they are depriving the Georgian people of a European future. She highlighted that the anti-Western steps taken by Georgian Dream may hinder Georgia's chances of obtaining candidate status in the European Union.

Bokuchava also emphasized the significance of the Venice Commission's conclusion regarding the de-oligarchization law. She described the conclusion as extremely serious, noting that the Venice Commission strongly advises against adopting the law. Bokuchava stated that the law fails to comply with European legislation, hinders the crucial process of de-oligarchization for Georgia's European integration, and undermines the fulfillment of the 12-point commitment. She further argued that the law poses a threat to the country's democracy and the rule of law.

"This conclusion is extremely serious. The Venice Commission strongly urges you not to adopt this law. The call is very simple and direct - you should not accept this law, because it cannot meet the European legislation, it cannot bring de-oligarchization, which is vital for the European integration of our country, it cannot be considered as the fulfillment of the 12 points and undermines the country's democracy and the rule of law," Bokuchava said.