Wednesday, November 14, 2007

Bonfire of tax and regulation fires growth


Any suggestion that the first four years of Georgia’s Rose Revolution might have been “easy” does not go down well with Nika Gilauri, the new minister of finance.

“It is not easy to change the history of a country,” he says. “It is not easy changing from the most corrupt country in the world to one of the most incorrupt. It is not easy achieving 10 per cent annual growth of gross domestic product for three years. And it is not easy having gone from energy dependence to one of the most energy independent countries.

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