Tbilisi budget 2018: Over 800m GEL for Georgia’s capital
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The 2018 budget for Tbilisi City Hall is about 880 million GEL, 60 million GEL more than was planned initially.
The decision was made today after meeting between Georgia’s new Mayor of Tbilisi Kakha Kaladze and recently appointed Finance Minister of Georgia Mamuka Bakhtadze.
The officials agreed it was necessary to allocate an additional 60 million GEL for the capital of Georgia in order to implement all the projects that were promised during the pre-election campaign of Kakha Kaladze.
The 2018 budget for Tbilisi will be 60 million GEL more in order to implement all projects and this will be very important for the city. This money will be spent on specific projects such as the rehabilitation of Tbilisi Metro that includes rehabilitation of the stations as well as the wagons. Also, rehabilitation of old Tbilisi districts are planned as well”, said Kaladze.
I am happy that by 2018 our capital city will be very different as we are starting the implementation of the projects that we announced during our pre-election campaign,” he added.
Georgia’s new Mayor of Tbilisi Kakha Kaladze and recently appointed Finance Minister of Georgia Mamuka Bakhtadze met each other today to discuss the 2018 Tbilisi budget. Photo by Tbilisi City Hall.
The work on the formation of the final version of the 2018 Tbilisi budget is continuing and it will reflect important priorities for Tbilisi and the projects that are necessary for the development of the capital, announced Tbilisi City Hall.
The main financial document of the country will be sent to the Parliament of Georgia in the coming days, announced the Tbilisi City Hall.
Next year Georgia will have a state budget of 12 billion GEL to use for state agencies, projects, and to further the country.
Georgia’s Finance Minister Dimitry Kumsishvili has summarised the fulfilment of the six-month 2017 state budget today.
Tbilisi Sakrebulo (City Council) has approved next year’s budget for Georgia’s capital city. In 2017 Tbilisi City Hall will enjoy a budget of over 800 million GEL.
Georgia’s economy is healthy and will develop further, says the country’s Finance Minister while presenting the draft 2017 state budget in Parliament of Georgia.
Newly elected Mayor of Tbilisi Kakha Kaladze has said that the city needs structural changes to reduce bureaucracy, speed up the decision-making process and achieve more efficiency.
Fees for cutting green plants by construction companies might increase, says Tbilisi Mayor Kakha Kaladze. Kaladze said that the current fee for cutting down a tree is "inadequately low” and needs to be increased by several times.
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 949 million GEL more than it was in 2017.
Georgia’s state budget for 2018 will be 12 billion GEL, which is 943.8 million GEL more compared to 2017. The Parliament of Georgia approved the country’s main financial document with 111 votes yesterday.
The 2019 budget for Tbilisi City Hall is 871,600,000 GEL – 10 million GEL more than was planned for initially, announces Irakli Zarkua of the Tbilisi City Assembly (Sakrebulo).
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The Georgian government has presented a bill to parliament requesting 14.2 billion GEL ($4.77 bln/€4.37 bln) for the 2020 budge, including budgetary funds of 12.99 billion GEL ($4.37 bln/€4 bln), grants of 45 million GEL ($15.12 mln/€13.85 mln) and credits of 1.17 billion GEL ($0.39 bln/€0.36 bln).