PM announces increase in pensions for 2024

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).

For comparison, [...] in 2012 the pension was ₾110 ($41) and ₾125 ($46.56), now it is ₾415 and up to ₾500 ($186) in highland settlements”, Garibashvili said.

The Government head said the budget of healthcare and social protection programmes was increasing by ₾870 million ($324mln) which included increase in pensions and a 10 percent salary increase for primary care staff. 

In total, ₾5.6 billion ($2.9bln) will be provided for social programmes and 1.6 billion ($0.60bln) - for healthcare programmes”, he added.

Garibashvili today presented the first version of the budget, while the second version will be presented by November 5, the Government Administration said.