IN H1, THE STATE BUDGET’S PLAN OF REVENUE WAS EXECUTED BY 103.2%
Georgian State Treasury reported that revenues of the state budget for the first half of this year made up 5.69 billion lari. This makes up 103.2% of the projected volume for 6 months, the Treasury noted.
IN H1, THE STATE BUDGET’S PLAN FOR PRIVATIZATION WAS EXCEEDED BY 76.6%
In 6 months of this year, the state budget received up to 95.39 million lari from reduction of non-financial assets (privatization), Georgian State Treasury reported. This volume makes up 176.6% of the annual plan, the Treasury noted.
IN H1, THE STATE BUDGET’S PAYMENT PLAN WAS EXECUTED BY 96.9%
Georgian State Treasury reported that actual payments of the state budget for 6 months of this year made up 10.04 billion lari. That volume makes up 96.9% of the projected volume for January-June (10.37 billion lari).
IN H1, BALANCE OF THE STATE TREASURY ACCOUNT DECREASED BY 28.8%
Georgian State Treasury reported that as of January 1, adjusted balance of the state budget funds, placed on the Treasury account, made up 2.31 billion lari, while as of July 1 – 1.65 billion lari. Accordingly, the balance has reduced in 6 months by 665.37 million lari, or by 28.8%.
“TI GEORGIA”: FOR OVER 20 BUDGET PROGRAMS, EXECUTION OF 6-MONTH PLAN WAS BELOW 60%
TI Georgia, Georgian branch of Transparency International, reported that execution of 6-month plan for more than 20 budget programs was below 60%. At that, 4 programs were not implemented at all, the organization noted.
“TI GEORGIA”: IT IS ESSENTIAL THAT EXPENSES OF SAKREBULOS FULLY MATCH THEIR POWERS
It is important that expenses, carried out by sakrebulos (local self-governance bodies), are fully matched execution of powers, assigned to them by law, stated TI Georgia, Georgian branch of Transparency International.
The organization pointed that sakrebulo should strictly control administrative expenses of both the representative body itself and the municipality as a whole and should be focused on effective use of financial resources.
CONSTRUCTION OF 9-KM TUNNEL STARTED IN KOBI
Construction of a tunnel with length of 9 km has started today within the framework of construction of Kvesheti-Kobi highway (23 km, Mtskheta-Mtianeti region), reported Georgian Ministry of Regional Development and Infrastructure. The works are part of the project on North-South highway modernization.