State budget 2019: tax income 6.8 mln GEL higher than expected
As of December 22, the entire Georgian budget came to 11.37 billion GEL ($3.93 bln/€3.53 bln) which is 61.9 million GEL ($21.38 mln/€19.23 mln) more than planned. Photo: Nino Alavidze/Agenda.ge.
Tweet 
Share
Tax income to the state budget of 2019 amounted to 9.65 billion GEL ($3.33 bln/€3 bln) which is 6.8 million GEL ($2.35 mln/€2.11 mln) higher than planned, announced the Ministry of Finance earlier today.
As of December 22, the entire Georgian budget came to 11.37 billion GEL ($3.93 bln/€3.53 bln) which is 61.9 million GEL ($21.38 mln/€19.23 mln) more than planned.
Tax income in the state budget of 2020 is planned to be 10.47 billion GEL ($3.62 bln/€3.25 bln) which is expected to be 19.7 per cent of Georgian gross domestic product.
/budget2020.jpg)
The Georgian parliament has approved the state budget for 2020, with 83 votes in favour and one vote against earlier today.
One of the main priorities for the Ministry of Economy in 2020 is the privatisation process of state property and the goal is to increase the privatisation income in the state budget, said the Georgian Minister of Economy Natia Turnava today.
/budget.jpg)
What are budget priorities?
Georgian Finance Minister Ivane Matchavariani has presented the draft State Budget 2019 to the Parliament of Georgia which includes the main data and directions of the country for 2019-2022.
/free-trade-deal-with-uk.jpg)
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).