Tbilisi Mayor: city “has never had” budget like planned $731mln spend for 2024

Kakha Kaladze, the Mayor of Tbilisi, on Wednesday said the Georgian capital had “never had” a budget like the 2024 financial plan that involves spending ₾1.96 billion ($731mln) for needs of the city.

Kaladze explained the City Hall had carried over “some funds” from works started last year into the new plan to comprise the figure, and added last year’s budget had been fulfilled by 95 percent while revenues were exceeded by about ₾100 million ($37.25mln).

Based on all this, the 2024 budget, which had been approved in the amount of ₾1.76 billion ($656 million) will now become ₾1.96 billion, which will allow us to implement more important and successful projects for the city. I promise you that 2024 will be even more impressive for our city”, he said.

The Mayor said representatives of relevant services of the City Hall would work together with deputies of the City Council in distributing the funds in specific directions.