The Human Rights and Civil Integration Committee heard the annual report on the implementation of Georgia’s 2025 State Budget, presented by First Deputy Finance Minister Giorgi Kakauridze.

According to the presenter, the previous year’s budget had been planned based on 6% economic growth, while actual economic growth reached 7.5% by the end of the year.

He noted that in 2025, Georgia’s nominal GDP amounted to GEL 104.598 billion, representing a 12.4% increase compared to the previous year.

According to the First Deputy Minister, annual inflation stood at 4.0% at the end of 2025, while average inflation was 3.9%.

Speaking about the external sector, Giorgi Kakauridze stated that Georgia’s foreign trade turnover in goods reached USD 25.863 billion in 2025, which was 10.3% higher than in the previous year.

According to the report, 6.857 million international visitors traveled to Georgia in 2025, an increase of 6.2% compared to 2024. Of these, 5.522 million were tourist visits. Revenue generated from tourism amounted to USD 4.690 billion, which was 6.0% higher than the 2024 figure.

The volume of foreign direct investment in Georgia increased by 7.6% in 2025, reaching USD 1.689 billion.

Last year, consolidated budget revenues totaled GEL 28.468 billion, representing 100.7% of the projected amount.

The First Deputy Minister stated that state budget receipts were executed at 100.8%, while budget expenditures were executed at 99.2%, amounting to GEL 27.723 billion.

While discussing budget expenditures, Giorgi Kakauridze informed committee members about the cash execution rates of various government agencies, including: Regional Development and Infrastructure Ministry – 101%, the IDPs, Labour, Health and Social Affairs Ministry – 100.3%, Interior Ministry and Defense Ministry – 100%, Justice Ministry – 99.3%, including penitentiary institutions – 99.2%, Supreme Court – 95.6%, Common Courts – up to 95%, and Public Defender’s Office – up to 91%.

The First Deputy Minister also presented information on the government report entitled “Main Macroeconomic Forecasts and the Key Directions of Georgia’s Ministries”.

According to the updated forecast, real economic growth in 2026 is expected to reach 6.3%; inflation is projected to remain within 4.9% in 2026 and return to its target level of 3% the following year; real economic growth in subsequent years is expected to remain within the 5–5.5% range.

After reporting, the First Deputy Minister answered the questions.