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Economic Parameters of State Budget 2022 specified

Media and Society 09 Dec 2022
Economic Parameters of State Budget 2022 specified

The Human Rights and Civil Integration Committee discussed the changes to the State Budget 2022, introduced by the First Deputy Finance Minister, Giorgi Kakauridze; he elucidated that the changes specify the economic parameters; real economic growth for 2022 is increased from 8,5 to 10%.


“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 announced.


The assignments for the state institutions are increased by 507,4 ml GEL, where 330, ml GEL is allocated for the Economic Ministry to consume 230 ml GEL for the gas supply of the population and 100 ml GEL for additional works; the assignments for the IDPs Ministry as increased by 95 m GEL, where 55 ml GEL will be consumed for the accommodation of IDPs and 40 ml GEL 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 Committee approved the changes.

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