2012 budget

Failing revenues forces major shifts in budget

By | December 7th, 2012|Categories: News, Politics|Tags: |

TBILISI, DFWatch — The revenues into Georgia’s state accounts have decreased by USD 50.5 million lari compared to the budget. For this reason, priorities will be shifted until next year. According to the 2012 budget, revenues should have been USD 5 billion […]

Confusion over Georgia’s state financial assets

By | October 26th, 2012|Categories: Economy, News|Tags: |

TBILISI, DFWatch — The outgoing and new government disagree over the size of the state coffers. Former government members claim that there is more than two billion lari, nearly USD 1.2 billion, in the state coffers. But new Finance Minister Nodar Khaduri says there […]

Saakashvili hands over record state coffers

By | October 9th, 2012|Categories: Economy, News|Tags: |

TBILISI, DFWatch — Georgia’s state accounts by are by September 2012 at one of the highest levels during the past few years at more than two billion, nearly USD 1.22 billion. The state budget for 2013 is 9 billion lari, USD 5.5 billion, which is more than half a billion […]

Police and defense get a fifth of 2012 budget

By | December 10th, 2011|Categories: In brief, News|Tags: |

Defense and police get 19 % of the total state budget next year. This represents a quarter of direct appropriations to state bodies. Revenues are expected to be 6 839 399 400 Georgian lari, while expences are calculated to be 6 528 243 300 lari. Revenue from taxes is given as 6 300 000 000, grants 239 399 400 [...]