Mamuka Bakhtadze, acting Finance Minister and Prime Minister nominee, speaks to the media in Tbilisi, Georgia, June 14, 2018. REUTERS/David Mdzinarishvili

TBILISI (Reuters) - Georgia plans to reduce the number of ministries in a new government to 11 from 14 to cut costs, its likely next prime minister Mamuka Bakhtadze said on Monday.

The ruling party has named Bakhtadze, a former finance minister, as its candidate to replace Giorgi Kvirikashvili, who quit last week after a disagreement with party leader, Bidzina Ivanishvili, Georgia’s richest man.

Bakhtadze did not say which ministries would be cut.