Presidential Administration Funding for 2019 reduced by 4 mln GEL

Funding for the Presidential Administration of Georgia has been reduced by almost 4 million GEL and will be 6 million GEL in 2019.

This year the budget of the Presidential Administration was 9,800,000 GEL and 13,194,600 GEL in 2017. 

At the same time, the presidential reserve fund will likely be canceled as no finances are allocated for it at this time. In 2018 the reserve fund contained five million GEL.

The number of employees of the new president’s administration will also be reduced from 140 in 2018 to 60 in 2019.

The inauguration of the president-elect Salome Zurabishvili will be held on December 16. The city where the inauguration will be held is not yet known.