The sitting of the Budget and Finance Committee
The Committee defined the form of selection (tender/competition), tender/competition Commission composition and tender/competition terms for the External Auditing Company of the National Bank in line with the Article 228 of the Rules of Procedure and on the basis of the Ordinance of May 11, 2016 N401/3 of the Bureau.
According to the Deputy-Chair, Nodar Ebanoidze, the Parliament calls tender once per two years to select the auditing company for audit of the financial activity of the National Bank. This year, on the basis of the written appeal by the Bank, selection started earlier in line with the IMF recommendation. The Articles of the Contest Commission shall be submitted to the Bureau. The Commission shall submit the auditing company selected through the competition no later than June 17, 2016.
Committee supported the candidacy of Zurab Melikishvili by minority to substitute the Deputy-Chair, Giorgi Vashadze.