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Country Risk

Georgian PM’s surprise resignation indicates strength of informal rule but likely to mitigate protests

14 June 2018

Event

On 13 June 2018, Prime Minister Giorgi Kvirikashvili resigned, he had held office since December 2015.

Kvirikashvili attributed his departure to differences of opinion regarding economic policies with other leaders of the ruling Georgian Dream (GD) party and divergent views “on certain fundamental issues” with former prime minister Bidzina Ivanishvili. Ivanishvili is Georgia’s richest man and the founder of GD. He returned to its chairmanship by unanimous vote at the party congress on 11 May. In accordance with the Constitution, the prime minister’s resignation triggers the removal of his 14-member cabinet. President Giorgi Margvelashvili has seven days to nominate a new prime minister, who is selected by the parliament.

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