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Complaint regarding amendments in law on National Bank presented to Constitutional Court

Georgia Online
17:59 - 22 September '15


A complaint regarding the amendments in law on National Bank is presented to Constitutional Court. More than 30 MPs from National Movement and Free Democrats sign the complaint.

The case refers to separation of financial monitoring function from the National Bank and creation of a separate agency which is against Constitution, as the parliamentary opposition assesses.

According to the complaint authors, under the Constitution, the National Bank is responsible for the country’s financial stability which will not be able to carry out its function without corresponding instruments.

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