2011 budget review

Georgia’s 2012 budget expanded after influx of EU funding

By | May 8th, 2012|Categories: In brief, News|Tags: |

TBILISI, DFWatch – Georgia’s budget is to be increased by 200 million lari by increasing the licensing fees for use of natural resources. Another source for the increase is grants from the EU to finance reforms in different areas, according to Gia Khuroshvili, […]

2011 budget passed

By | November 25th, 2011|Categories: In brief, News|Tags: |

TBILISI, DFWatch - Georgia’s 2011 budget was passed Thursday after a debate in an almost empty parliament. In its revised form it is increased by 219 million lari to a total of 7 570 million. 84 votes for the budget and 4 against. But during the debate there were hardly anyone in the hall. Only 24 [...]

Tbilisi boosts defense by 7%

By | November 24th, 2011|Categories: In brief, News|Tags: , |

TBILISI, DFWatch - Georgia expands its defense budget by 7% next year. The growth is explained with the country’s need for security. 44 600 000 Georgian lari more will become available for military spending, bringing the total to 704 631 200 lari for defense, finance minister Dimitry Gvindadze told lawmakers Thursday at a session to review [...]

Victims of Soviet repression lose compensation

By | November 24th, 2011|Categories: In brief, News|Tags: , |

TBILISI, DFWatch - Georgian authorities have stopped paying compensation to families of people who were victim of Soviet repression, according to Giorgi Tsagareishvili, representative of the Free Democrats and chairman of the parliamentary bloc Unity for Justice. Tsagareishvili asked finance minister Dimitry Gvindadze to clarify the issue Thursday at a plenary session in parliament to review [...]

Did 219 million lari disappear?

By | November 24th, 2011|Categories: In brief, News|Tags: |

TBILISI, DFWatch - An opposition lawmaker accuses the government of having spent 219 million lari and trying to hide it by creative budgeting. Jondi Bagaturia of the Georgian Group party, who is part of the Unity for Justice bloc in parliament, said this at a plenary session Thursday to review the country’s 2011 budget. The 2011 [...]

Georgia braces for Euro crisis impact

By | November 24th, 2011|Categories: In brief, News|Tags: , |

TBILISI, DFWatch - The Georgian finance minister says the country will financially stand on its feet in 2012. Dimitri Gvindadze made this statement today in parliament as lawmakers were gathered for a plenary session to review the 2011 budget. In its revised form, the 2011 budget will be increased  by 219 million lari, to 7 570 [...]