**New Rules for Receiving Foreign Grants: Transparency and Accountability**
The government of Georgia is taking steps to ensure that foreign grants are used transparently and in accordance with the law. The planned amendments to the “Grants Law” aim to prevent misuse of these funds by requiring approval from the government or a person authorized by it.
**No More Secret Grants**
Under the current system, receiving foreign grants was not strictly regulated. However, with the new amendments, this will change. Receiving a grant without prior approval from the government will be prohibited and may result in accountability. This means that anyone who receives a grant without permission will have to face the consequences.
**A 10-Day Deadline**
The draft law sets a 10-day deadline for the government to declare its consent regarding the issuance of a grant. If the government decides not to approve a grant, it will be invalid, and challenging this decision will not suspend its effect. This means that the government’s decision is final, and there’s no appeal process.
**Monitoring and Accountability**
To ensure that grants are used properly, the Anti-Corruption Bureau will monitor their issuance and receipt. If someone receives a prohibited grant, they will have to pay a fine equal to double the value of the grant. This sends a clear message that misuse of foreign funds will not be tolerated.
**Exceptions Will Apply**
The draft law also establishes exceptions to these rules. For example, grants issued by international sports associations, federations, and committees, as well as scholarships for studying abroad or individual scholarships for scientific work, will not require mandatory government consent. Additionally, grants received from international organizations operating in Georgia are exempt from this rule.
**A Step Towards Transparency**
These changes aim to increase transparency and accountability in the use of foreign grants in Georgia. By introducing a system of approval and monitoring, the government is taking steps to prevent misuse of these funds and ensure that they are used for their intended purpose.
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