Georgian PM explains how gov’t will spend quarter of state budget on education

Prime Minister Mamuka Bakhtadze spoke about the importance of developing human capital. Photo: Prime Minister’s press office., 08 Mar 2019 - 12:02, Tbilisi,Georgia

Georgian Prime Minister Mamuka Bakhtadze has explained at a special briefing earlier today how the government intends to spent one fourth of the state budget on educational purposes.

He said that budget spending on education will amount to 1.6 billion GEL [ $593,566,000] this year and the funds will increase in following years.

In 2020, funding will reach two billion GEL, in 2021 it will reach 2.5 billion GEL [ $927,447,000] and in 2022 it will be upwards of 3.4 billion GEL [$1,261,330,000 ]”, Bakhtadze said.

He stated that in 2022, funding will reach one fourth of the state budget and, accordingly, six per cent of the country’s GDP.

Bakhtadze stated that in 2012, when the Georgia Dream came to power, the budget for education amounted only to about 700 million GEL.

He said that without quality education Georgia will not be able to overcome poverty and the challenge of the occupation.

“All the Georgian governments must be obliged to invest at least six per cent of GDP in education”, Bakhtadze said.