2014-12-10
The budget of this year will be executed by 100% and we hope for a little more, - finance minister Nodar Khaduri stated at the government meeting.
The Prime Minister of Georgia was interested in the budget of 2014 and requested the finance Minister to present the relevant report.
"In terms of tax incomes we are ahead of the schedule, we have mobilized 70 million more and this year's budget will be executed surplus in terms of incomes and generally revenues. We had a certain lag in terms of grants and credits but the sums are already transferred. In December sums from international currency fund, the World Bank and Asian Development Bank will be transferred as well. So this year's budget will be executed by 100% and we hope for a little more. Tax service works as usual and there will be no problems regarding performing the budget. As regards spending, there is a better situation in this direction as well that it was in the past. Recently infrastructure works have been greatly activated - the agency spends approximately 125-130 million per month", - Nodar Khaduri noted.
At the Government session Regional Development and Infrastructure Minister Davit Shavliashvili made an axplanation. According to him the agency's budget in 2014 was 936 million GEL and 755 million were spent as of November.
"Till the end of the year we expect to spend additionally up to 130-140 million. It would be already a spending of 95%. There has never been spending of more than 93%, after correcting there were 97% and up to 100% that we do not do. As regards the month of December, every year there was the most spending in December. In our case it is equal in every month," - Davit Shavliashvili noted.
The head of the Government was also interested in the situation of Georgian Lari. According to the finance minister the rate is stable and chaos has been settled down. As Irakli Garibashvili noted no opponent has any grounds to say that there is an economic or GEL crisis in the country.
"Indeed, in this hard situation we have reached that we have one of successful politics. I would like to address the population that there is a difficult economic-political situation in the region - Ukraine, Turkey, Russia. All this of course will influence on our economy, Lari," - the Prime Minister stated.
Prime Minister's Press Service