Georgian parliament approves anti-crisis budget for 2020

  • The anti-crisis budget reflects additional necessary expenditures of 3.4 billion GEL needed to combat the coronavirus and treat patients. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 25 Jun 2020 - 11:51, Tbilisi,Georgia

The Georgian parliament has approved the anti-crisis budget, which reflects additional necessary expenditures of 3.4 billion GEL needed to combat the coronavirus and treat patients, the Georgian Ministry of Finance announces. 

The budget allocations according to the anti-crisis plan consisted of the following:

  • 450 million GEL in compensation to citizens who lost their jobs due to the pandemic
  • 75 million GEL for one-time assistance in the amount of 300 GEL
  • 170 million GEL for utility bills
  • 24 million GEL for the assistance of persons with disabilities
  • 60 million GEL for healthcare infrastructure
  • 285 million GEL will be spent to treat and prevent the coronavirus
  • 250 million GEL for reduction of income tax for the purpose of maintaining jobs
  • 45 million GEL to subsidise flights and for quarantine services
  • 330 million GEL to finance the credit guarantee programme
  • 70 million GEL to subsidise interest expanses of the hotels
  • 45 million GEL to exempt touristic facilities from the property tax
  • 20 million GEL to issue small grants
  • 40 million GEL to support the construction sector
  • 139 million GEL to support the agriculture sector
  • 600 million GEL for VAT returns
  • 600 million GEL to create long-term lari liquidity for commercial banks
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