Competition Agency: individual state aid reached $11.63mln in 2022
17 units of insignificant amounts of individual state aid were issued in Georgia in 2022 for a total amount exceeding $11.63 mln. Photo: Nino Alavidze/Agenda.ge
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Seventeen units of insignificant amounts of individual state aid were issued in Georgia in 2022 for a total amount exceeding ₾30 million ($11.63mln), the National Competition Agency of Georgia announced on Tuesday.
The body made the report as part of its annual statistical update on the types of aid that involve granting of “selective economic advantage” to economic agents through transfer of budget funds, state resources or other benefits.
Batumi City Hall in the country’s Black Sea region of Adjara remained the largest provider of individual state aids, followed by its counterparts in the western city of Ozurgeti and Rustavi in the south-east of the country.
The main part of the assistance was provided in financial aid, releases from breaches of contract and transfers of operating assets, the Agency added.
The category of state aid involves volumes under ₾400,000 ($155,059) for a total of three consecutive fiscal years. For the sector of land-based cargo transportation, the air is qualified under ₾200,000 ($77,529).
A total of 14,744, 673 million GEL ($4,557,991mln/€4,148,970mln) was issued by municipalities across Georgia last year in the form of “individual state aid,” with the figure marking a 22 percent increase compared to 2020, the Georgian National Competition Agency announced on Thursday.
Georgian prime minister Irakli Garibashvili on Friday announced an increase in pensions, salaries for school personnel and state funding for health and social programmes, while also announcing the construction of a residential block with 7,000 flats for internally displaced families and renovation of 500 public schools would begin “soon”.
A total of 117,897 people received governmental social support package in Georgia in 2021, figures from the National Statistics Office of Georgia (Geostat) show. In the latest release of data from the agency, statistics for state financial aid to underprivileged citizens show 34.7 percent of recipients being women, with 65.3 percent men.
Georgian Prime Minister Irakli Garibashvili on Monday said the families of the rescuers and first aid responders who died in the helicopter crash near Gudauri on Friday would receive 100,000 GEL ($35,087) each.
The downward trend of inflation in the Georgian economy will continue in case of absence of further shocks, Archil Mestvirishvili, the Vice President of the National Bank of Georgia, said on Wednesday.
The gross external debt of Georgia increased by $1.4 billion during the fourth quarter of 2022 and stood at $23.5 billion at the end of the year, the National Bank said in its latest update of national debt statistics on Friday.
Georgian Prime Minister Irakli Garibashvili said pensions for pensioners aged 70 years and older would increase by ₾50 ($18.62) and become ₾415 ($154.58), while for pensioners under 70 it would be raised by ₾20 ($7.45) and reach ₾315 ($117.33).