PF ENG.pdf

donations appeared to be the main source. This was exactly how parties received an average of 58% oftheir financing. Donations made up 91% of the Georgian Dream, 86% of the Conservative Party, and85% of the United National Movement revenues.Figure 3. Donations received by political parties in 2012 (GEL)460,892 600,624 363,431405,265130,270217,180United National MovementConservative Party1,398,220Christian DemocratsIndustry will Save GeorgiaRepublican PartyNational Forum11,429,032Free DemocratsGeorgian DreamIt should be noted that throughout the years, the amount of donations depended on the electoralactivity. In particular, there were almost no donations received by political parties during a nonelectionyear. A rare exception to this was 2011, at the end of which parties had already received afair amount of donations. Prohibiting donations by legal persons since 2012 17 was most likely thefactor that influenced this trend even stronger than the elections, as parties did their best to manageto accumulate revenues through this source before it was prohibited. Looking at the funds raised in2012, a trend can clearly be discerned, according to which parties had received donations before thestart of the campaigning period, with late spring and summer being especially active seasons in thisrespect. With the commencement of the pre-election period (August 1), however, donations seem tobe made directly to the campaign funds 18 .17 For information on donations by legal entities, see Transparency international – Georgia website. PartyFinancing in 2011. http://transparency.ge/en/post/report/finances-political-parties-year-201118 For detailed information on election funds, see Transparency international – Georgia website. Analysis ofCampaign Finances.http://transparency.ge/en/post/report/new-report-analysis-election-campaign-finances9