Реферат Private sector and human-resource development in Georgia

В· Reorganize electricity wholesale market to resume the functions of financial and technical operator

Ministry of Fuel and Energy

Support for direct con-tracts between generators and large end consumers, subject to transparent terms and implementation

Direct contracts between gen-erators and large end consum-ers

EMSP

EBRD

KfW

USAID

Electricity market success-fully reorganized

В· Amend tariff policy in line with model of wholesale market and consider liberalization of prices

Ministry of Fuel and Energy; Energy Regulatory Commission; Ministry of Economy

Tariff policy; adequate appropriations to en-ergy in state budgets

Lower commercial losses; state budgets fully cover energy costs; higher collections by state energy companies in distribution, transmission; improved financial viability

EMSP

EBRD

IMF

KfW

USAID

Cash payment collections at the wholesale electricity market above 65%; dissemination to public of detailed sector performance indicators

В· Approve strategy to manage energy sector debts

Ministry of Fuel and Energy, Ministry of Finance

Establishment of a professional Debt Restructuring Agency for the power sector

Legacy debt no longer a threat to the financial viability of the power sector

EMSP

EBRD

IMF

KfW

USAID

Debt Restructuring Agency led by international experts in full operation; legacy debt issue resolved

В· Transfer energy sector companies, including National Distribution Company, under management contract in accordance with existing strategy

Ministry of Fuel and Energy

Georgian Unified Distribution Company (GUDC) under long-term management con-tract

GUDC under long-term man-agement contract

EMSP

EBRD

KfW

USAID

GUDC under long-term management contract; other management contracts fully operational

В· Improve transport regulatory administration

Ministry of Transport and Communication

MOTC restructuring