The Parliament adopted the Draft State Budget 2023 with 81 votes against 1.

According to the First Deputy Finance Minister, Giorgi Kakauridze, the updated macroeconomic parameters provide: an increased real economic growth forecast for 2023 to be determined by 6.5%; a reduced devaluation forecast for GDP to 3.1%; as well as a reduced inflation forecast index to 2.6%; nominal GDP capacity determined with 78.8 bl. GEL, and the tax revenues to the mixed budget determined with 19.4 bl. GEL.

Speaking about the revenues to the mixed budget, the reporter noted that the tax revenues increase by a total 520.0 ml GEL, where 420.0 ml GEL is directed to the state budget and 100 ml GEL to the budgets of the Autonomous Republics and municipalities.

According to him, the state debt index is reduced by 363.0 ml GEL, which is one of the amendments to the Budget.

As he noted, the assignments also increased by 431.2 ml GEL to constitute 22 311.1 ml GEL.

Pursuant to the amendments, the assignments for the IDPs Ministry increase by 250.0 ml GEL; assignments for the Education Ministry – by 47.0 ml GEL; for the Culture Ministry – 34.0 ml GEL; the Economic Ministry – 23.0 ml GEL; the Regional Ministry – 20.0 ml GEL; the Interior Ministry – 40.0 ml GEL; the Defense Ministry – 10.0 ml GEL; the Central Election Commission – 21.2. ml GEL, which is associated with the partial financing of the electronic voting equipment for the Parliamentary Elections 2024.

The amendments also envisage the increased financing for the Public Defender’s Office by 2.5 ml GEL; and by 500.000 GEL for the Personal Data Protection Service.