Georgian budget 2018 approved: How much is it?

Georgian parliament has approved the country’s next year’s budget.

In 2018 Georgia will enjoy a budget of 12.441 billion GEL (about $4.827/€4.108 billion*). This is 943.8 million GEL more than it was in 2017.

The parliament voted on the 2018 budget today. The country’s main financial document was presented at the session by Finance Minister Mamuka Bakhtadze.

According to the 2018 budget, the country’s priorities next year will be:

• Healthcare;
• Infrastructure;
• Education.

The state budget assignations include the budget funds (10.49 billion GEL), grants (364.2 million GEL) and credits (1.587 billion GEL).

*Currency conversions reflect National Bank of Georgia values as of today.