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Paper read before the Institute of public administration, Oxford, Eng., July 10-13, 1931.

State financial body control of Georgia has a distinctive centuryies-long history. State financial control institute was established in the Democratic Republic of Georgia (1918-21) as early as in 1918 and it existed until Soviet occupation of Georgia in 1921. For 70 years the state financial control body was the part of the Soviet structure and it was not until the collapse of the Soviet Union that it started to function again in post-Soviet Georgia. This article covers some of the issues concerning the experience of establishment and operation of the state financial control body in the Democratic Republic of Georgia (1918-21) and in post-Soviet Georgia from the 1990s to date. According to the conclusions made, legal base of the financial control institutes succedeed and still succeeds to meet international challenges, and, in general, their institutional functioning is an efficient factor which significantly encourages economic progress of the country.