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The development of the capital market in Georgia is an important prerequisite for the creation of a free and competitive environment, which naturally ensures the need for capital and investments in the country. It will become effective, innovative, focused on high results and a guarantee of economic development. The purpose of the study is to study the current situation in the sector in order to identify the main problem in the sector and by analyzing the shortcomings identified as a result of comparison with the desired situation, the main problem was identified. The diagnosis of the current situation in the sector is based on the conclusions of the overview of the development of the capital market made within the framework of the financial sector assessment program developed by the World Bank, the Asian Bank and other financial institutions. The mentioned conclusions were also used to determine the main problem-causing factors and negative consequences. The purpose of the capital market development strategy in Georgia is to create the most important action mechanism for the coordinated and consistent development of the capital market. The strategy reviews the current situation in the direction of the capital market, challenges in the field and ways to overcome them. The strategy defines the strategic position and future direction of the capital market of Georgia in the coming years. The capital market strategy defines the framework for the consistent introduction of new supervisory, regulatory and legislative acts, which is important for market participants to operate in a transparent and predictable environment. Keywords: Capital market strategy; Operating in a stimulating environment for market participants; Guarantor of economic development.
Khatuna Shalamberidze Khatuna Shalamberidze (Sat,) studied this question.