While working as Minister of Finance of Georgia between 2005 and 2007, he successfully conducted a series of reforms in the domains of public finance, tax and customs policy and administration as well as economic deregulation and liberalization domains. Notably, Georgia was ranked by the World Bank “Doing Business” survey as the world’s top reformer country in 2005-10. Similarly, Georgia also rose from 132nd place to 18th in the ranking of “Ease of Doing Business” by the World Bank between 2004 and 2007.
As Minister of Finance (2005-2007), Aleksishvili conducted reforms in public finance management and tax and customs. As a result of comprehensive policy reforms, Georgia’s GDP growth rate in 2005-2007 reached over 10% on average (2005 - 9.6%, 2006 - 9.4% and 2007 - 12.3%) while the country’s FDI increased from USD 250 million in 2004 to USD 2.1 billion in 2007.
Aleksishvili has accumulated exceptional knowledge of development challenges. As the Chairman of the United Nations Commission of Sustainable Development (2005-2006), he has addressed issues related to energy, climate change, air pollution and industrial development, successfully adopted by the Commission and UN General Assembly.
He has supported numerous governments of countries such as Albania, Mongolia, Kosovo, Mozambique, Afghanistan and Kyrgyzstan to enhance their respective business enabling environments by providing valuable assistance and delivering specialized experience of a transitional country.