Georgian Gov’t Administration Head: coordination commission to address prices of food, medicines, fuel

Levan Zhorzholiani, the Head of the Georgian Government Administration, on Tuesday said the coordination commission would work not only on food prices but also on the prices of medicines and fuel, with expectations of completing the process by the end of April and achieving price reductions along the way.

In his remarks, Zhorzholiani noted that the commission had decided to broaden its mandate to include the prices of medicines and fuel, recognising their importance for households.

“Today, the first meeting of the governmental coordination commission on food prices was held. It was noted and decided that the commission will work not only on food prices, but also on the prices of medicines and fuel, which are also very important for our population”, he said.

He emphasised that a specialised group in the Parliament of Georgia would simultaneously examine the issue to support the commission’s work.

“We believe that the commission will complete its work by the end of April. In parallel, the relevant group in Parliament will examine the issue, and jointly, in coordination with Parliament, we believe we will achieve the desired results”, Zhorzholiani noted.

The official added that price reductions were expected to begin even before the process was completed.

“Our expectation is that price reductions will begin during the process as well. Also, what is very important is that we will provide the public with detailed information on what these prices include, where markups exist, and where markups are illogical and do not correspond to existing European practice”, he concluded.