Georgia’s Economic Vision presentation during 17th Silk Road Tax Forum

The ‘17th Silk Road Tax Forum’ was held in Tbilisi at the joint initiative of the Revenue Service of the Ministry of Finance and the International Tax and Investment Center on 10-11 April, 2025. During the event, Lasha Khutsishvili, the Georgian Minister of Finance, pointed out the critical role of interactions within taxation for all countries along the historical Silk Road.
He also stressed the need of institutional reforms for development of a dynamic economy and improved investor relations for stricter fiscal discipline. According to Khutsishvili, the same Georgian tax system with its low taxes, provides modern methods of taxation along with customs administration.
They also discussed investments in strategic infrastructure projects such as roads, ports, energy transmission lines, digital connectivity and the importance of increasing the efficiency of tax administration and sharing international experience in this regard.
As Minister Lasha Khutsishvili stated, the Ministry of Finance approved the country’s first medium-term revenue strategy (2025–2030) at the end of last year, and the Georgian Revenue Service has updated and published a strategy for 2025-2030. Notably, Georgia is a candidate for EU membership and a full member of the European Union tax program (FISCALIS) program. It was one of the first nations to adopt base erosion and profit shifting (BEPS).
Additionally, Georgia takes part in several forums such as the Global Forum of the Organization for European Cooperation and Development (OECD), the Intra-European Organization of European Tax Administrations (IOTA), and Union of Tax Administrations of the Belt and Road Initiative (BRITACOM).

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