Giorgi Gakharia: Starting in 2020, pensions will grow by 20 GEL, and by 30 GEL for citizens aged over 70 and group 1 persons with limited abilities starting on July 1, 2020 Print Version


The 2020 budget involves a 20 GEL increase in pensions for all pensioners, also for group 2 persons with disabilities and persons under 18, Georgian Prime Minister Giorgi Gakharia stated during today's Government meeting.

According to the Head of Government, pensioners aged over 70 will enjoy an additional 30 GEL increase of pensions starting on July 1, resulting in a total of 50 GEL increase in pensions for this group of citizens.

"In addition, salaries will increase for full-time teachers in both this and next year. Consequently, their raise by the 2020 academic year will reach 300 GEL," Giorgi Gakharia said.

The Head of Government underlined the key principles underpinning the 2020 budget.

"Firstly, it is a citizen-oriented budget creating greater opportunities for citizens, one of social responsibility to the citizens. Secondly, equally prioritized are infrastructural projects critically important for economic development, and that, among others, aims to enhance the effectiveness of our economy. Thirdly, we prioritize budget effectiveness management. And here we cannot allow any compromises. That is why, my friends, the key obligations that your respective ministries carry must be fulfilled in a timely and effective manner. Another critically important principle involves maximally abstaining from growing expenses wherever it is possible, and even curbing expenses, if possible," Giorgi Gakharia said.


Prime Minister's Press Office