Giorgi Kvirikashvili

The Republic of Georgia’s Prime Minister Giorgi Kvirikashvili, on Wednesday resigned amid a disagreement with Bidzina Ivanishvili, leader of the ruling Georgian Dream party.

“Different points of view have been outlined between me and the ruling team, specifically concerning the economic policy pursued by the government under my leadership,” said Kvirikashvili at a special briefing held at the government administration on Wednesday.

“I would like to emphasize that in recent months my opinion differed from the party chairman’s opinion on a number of fundamental issues. I think this is the moment now when the leader of the party should be given an opportunity to form a new cabinet,” he added.

Ivanishvili, former prime minister and the country’s richest man, resurfaced in politics in May when he became leader of the Georgian Dream party.

Kvirikashvili’s entire cabinet is required to vacate their posts upon the prime minister’s resignation, as dictated by the Georgian constitution. This means the ruling party, Georgian Dream, will now draft a list of new cabinet members within seven days.