Tbilisi budget 2022 amounts to 1.3 bln GEL
The total budget of Tbilisi amounts to 1.305 billion GEL (about $423.9 mln/€374.5 mln) for 2022. Photo: Nino Alavidze/Agenda.ge.
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The Tbilisi City Assembly has approved the Tbilisi municipal budget for 2022, which has increased by 255.115 million GEL and totals 1.305 billion GEL (about $423.9 mln/€374.5 mln).
The financial document was adopted yesterday with 35 votes in favour and five against.
Deputy Tbilisi Mayor Irakli Khmaladze stated that one of the priorities of the Tbilisi budget will be transport infrastructure construction and restoration, stating that 100 million GEL will be allocated to purchase subway trains, while 60 million GEL will be used for the construction of new motor transport depots.
Other items of the Tbilisi budget 2022 are as follows:
- Infrastructure construction and reinforcement/replacement of damaged buildings
- Maintain and improve the ecological situation
- Facilitate economic development
- Development of residential condominiums
- Health care and social security
- Education
- Culture, sports and youth
- Public order and safety
- Representative and executive bodies of Tbilisi
The Georgian parliament approved the updated state budget 2022 for Georgia on December 17, planned with an economic growth forecast of 6% and totalling 19.1 billion GEL.
The largest share of annual gross domestic product (GDP) of Georgia by region is held by the capital city of Tbilisi with 50.5%, followed by the regions of Adjara (8.9%) and Imereti (8.4%), the National Statistics Office of Georgia (Geostat) reports.
Georgian Prime Minister Irakli Garibashvili has stated that the government was able to ‘recover, stimulate and diversify’ the country’s economy' in an unprecedented time frame,’ noting that Georgia has double-digit economic growth.
Nominal Gross Domestic Product in Georgia equalled 15.99 billion GEL in the third quarter of 2021, and real GDP grew by 9.1%, while the GDP deflator (inflation measure) increased by 9.4% in the reporting period, preliminary data from the National Statistics Office of Georgia (Geostat) show.
The Georgian parliament has approved the updated state budget 2022 for Georgia, planned with an economic growth forecast of 6%. The budget amounts to 19.1 billion GEL. The document was approved by 78 votes in favour and one vote against earlier today.