Sport, culture and youth ministry to have $144mln budget for 2023
The ministry of culture, sport and youth of Georgia will command a budget of ₾401 million ($144mln) next year. Photo: ministry of culture, sport and youth of Georgia
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The ministry of culture, sport and youth of Georgia will command a budget of ₾401 million ($144mln) next year, after a joint sitting of the Georgian parliament’s committee of sports and youth affairs and its culture counterpart on Tuesday approved the initial version of the 2023 draft budget.
First deputy finance minister Giorgi Kakauridze had introduced the draft with the main directions and financial indexes of the document, the parliament press office said.
Unveiled as part of ministry-by-ministry approvals of next year’s budget, the figure marks an increase from last year’s ₾343 million ($123.18mln) budget for the state body governing cultural institutions, sports bodies and youth affairs.
Kakauridze also introduced the main indices of the overall state budget, according to which the income part of the budget has been defined at ₾21 billion ($7.54bln) and expenditures at ₾24 billion ($8.62bln).
He also said the consolidated budget deficit was planned to be 2.8 percent of the gross domestic product, while the government debt rate was planned to be 39 percent of the GDP.
Up to ₾3 billion ($1.08bln) will be invested in infrastructure development across Georgia next year with the construction of highways remaining a priority, infrastructure minister Irakli Karseladze said on Monday while discussing the next year's state budget.
A total of ₾290 million ($102mln) will be spent on increasing salary for police officers, military and security personnel in Georgia by 20 percent next year, prime minister Irakli Garibashvili said on Friday in a presentation of plans for the next year's budget at the government meeting.
Georgian prime minister Irakli Garibashvili on Friday said ₾80 million ($28 mln) would be allocated for providing natural gas supply to all regions of Georgia, while ₾900 million ($318mln) would be spent on agriculture and for development of small and medium-sized businesses in the country.
Georgia’s 2023 budget has been planned with a five percent economic growth forecast, Georgian prime minister Irakli Garibashvili said at today's government meeting.
Transparency International Georgia has recommended the government of the country to further reduce its budget deficit and consider less foreign debts in next year’s state budget, as the parliament is preparing for the final approval of the financial document.
The 23rd Tbilisi International Film Festival will open on Sunday with the screening of the film ‘Mr Jones’ by Agnieszka Holland, the Polish film director and the President of the European Film Academy, at the Amirani Cinema, with the director attending the opening event.