Ivanishvili delivered his speech: Proposed a successor

Georgian Prime Minister Bidzina Ivanishvili has nominated a close associate, Interior Minister Irakli Garibashvili, to succeed him as prime minister. He will leave the post in the next few weeks. Billionaire Ivanishvili said he will step down as prime minister when Georgiy Margvelashvili, an ally of Ivanishvili, is sworn in as president on November 17, Reuters reported. Based on constitutional changes, the prime minister of the former Soviet republic of Georgia now has the most power in the country, after many presidencies were transferred to him. Garibashvili should now be nominated by the parliament and approved by President Margvelashvili for the position of head of government. Both steps are a formality, because Ivanishvili's Georgian Dream coalition has a majority in the parliament, and the president is an ally of Ivanishvili, according to the British agency. After Mikheil Saakashvili's ten-year rule, Georgi Margvelashvili (44) became the head of the Georgian state. With his victory, the Georgian Dream coalition will have both a prime minister and a president for the first time - in two figures who "play" between favoring Russia and striving towards the West. Margvelashvili, who declared victory in the presidential elections on October 27, will take over the post of Minister of Education and Deputy Prime Minister Bidzin Ivanishvili. The new president will have fewer powers than his predecessor, in accordance with the constitutional reforms of 2010, which will come into force after the presidential elections.