The Committee discussed the changes to the State Budget 2022, introduced by the First Deputy Finance Minister, Giorgi Kakauridze, noting that the changes specify the economic parameters.

“Real economic growth forecast for 2022 is determined by 10% instead of 8,5%; the changes specify GDP devaluation forecast decreased to 10,5% to 9,5%; nominal GDP was determined by 72,3 bl. GEL; mixed budget tax income was increased by 526.0 ml GEL, including 492 ml GEL to be directed to the state budget and 43 ml GEL to the municipal budgets; state budget total income is increased by 596,7 ml GEL”, - he informed MPs.

As he elucidated, the assignments are increased by 507,4 ml GEL - 330 ml GEL is allocated for the Economic Ministry, where 230 ml GEL will be consumed on gas supply of the population and 100 ml GEL for additional works; the assignments for the IDPs Ministry as increased by 95 m GEL; Health Ministry will have the assignments increased by 55 ml GEL, where 40 ml GEL will be allocated for the universal healthcare program; assignments for the Culture Ministry are increased by 70 ml GEL to constitute 470,8 ml GEL – extra funds will be consumed on tourism; the State Special Protection Service will have extra 2,4 ml GEL related to the training infrastructure construction (to be accomplished in 2023); providing deficit in incomes of some municipalities, the special transfer is increased by 10 ml GEL.

“The correct economic policy allowed us to introduce significant changes to the budget oriented to the social state of the population, as well as improvement of infrastructure, which serves as a precondition for irreversible economic development”, - the Chair of the Committee, Maia Bitadze noted.

The Committee approved the Draft.