Development Fund of Georgia has released a statement in which Paata Burchuladze speaks about the stalemate the country is in. He said the population was in a more grave condition than he had imagined.

"Development Fund is moving to a new phase. I think the situation is getting deeper in deadlockon a daily basis, this harmful process can be seen in the country"s severe economic and social reality ", - said Paata Burchuladze.

Because of this, Burchuladze will run the Fund himself. He wants to meet with the public, willing to fight for the effective development of the country.