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Georgian Government Writes off Bad Debt of 20m GEL of Georgian State Electrosystem

On February 9 the Government of Georgia made a decision on writing off a bad debt of 20m GEL of LLC Georgian State Electrosystem (GSE).

GSE got into debts after the company supplied electricity to Abkhazia, Georgia, in 2006-2009. Later, the Government of Georgia recognized the debt as a bad debt, Nino Enukidze, the deputy Energy Minister, said.