PM says $2.47mln to be spent on “many” infrastructure projects in 2024

Georgian Prime Minister Irakli Garibashvili on Monday said ₾6.7 million ($2.47mln) would be spent on infrastructure projects across the country next year, in comments on the final version of the state budget for next year at the weekly Government meeting.

Garibashvili said “very important” projects were planned for next year and “active, effective work” and “timely decisions” were needed for their implementation.

Almost ₾6.7 billion will be spent on infrastructure as a whole. An important part of this amount is the budget of [the Ministry of Infrastructure]”, the PM pointed out.

He also said the Parliament and the Government had been working on the final version of the 2024 budget over the last three months, adding “we have gone through all the issues and initiatives that we will implement in 2024 one by one with ministers”.

Garibashvili added next year’s budget was being “conservatively planned” based on five percent growth, and added it would stand at ₾28.760 billion ($10.61bln).