About Civil.ge
Eng | Geo | Rus
Last updated: 17:31 - 22 Dec.'14
 
RSS
Mobile
Twitter
Facebook
Budgetary Amendments Approved
Civil Georgia, Tbilisi / 11 Jul.'09 / 20:30

The Parliament approved on July 11 amendment to the 2009 state budget envisaging increase of expenditures by GEL 314.7 million, instead of initially proposed GEL 312 million.

The passed amendment has also cut down initially targeted tax revenues by GEL 500 million.

Increase of expenditures comes mainly at the expense of planned issuing of GEL 260 million treasury bills on the domestic market and of credits from the World Bank and the Asian Development Bank.
 
According to the government’s “explanatory note”, attached to the amendments, “the world economic crisis” and “instability inside the country” have become the reason of expected economy contraction by 1.5%, instead of initially forecasted 2.5% growth.
 
The passed amendment also cut funding for some of the ministries and state agencies, including for the Ministry of Defense by GEL 45 million. The latter’s initial funding stood at GEL 950 million.

Other agencies, which will face funding cut, are:

Ministry of Regional Development and Infrastructure – by GEL 9.5 million;
Finance Ministry – GEL 4.4 million;
Ministry of Environment Protection - GEL 3.6 million;
Justice Ministry – GEL 1 million;
Foreign Ministry - GEL 650,000;
Ministry of Culture, Protection of Monument and Sports - GEL 133,600;
President’s administration - GEL 1.7 million;
Government’s administration - GEL 1.0 million;

The amendments increase funding of some agencies, including: the Tbilisi municipality by GEL 69.4 million and Ministry of Labor, Healthcare and Social Protection by GEL 39.7 million for financing of social and healthcare programs by 15.9 million and 22.3 million Lari, respectively; regional programs – GEL 37.6 million, of which GEL 20.0 million will be allocated for construction/rehabilitation of public schools; Georgia’s Municipal Development Fund – GEL 17.6 million; Ministry of Agriculture – GEL 25.9 million for subsidizing grape harvest; Ministry of Refugees and Accommodation will receive additional GEL 16.3 million; GEL 9.2 million out of this sum will be spent on granting compensations to the victims of the August war, while GEL 4.7 million will be spent on communal expenses of these people.

Latest News
22 Dec.'14 17:31
President Meets Leaders of Opposition Parties
Series of meetings is part of his initiative to build consensus on “anti-annexation” measures.
22 Dec.'14 00:23
MoD Apologizes, Says Leadership Was Not Aware of Controversial Statement
“The text was prepared by MoD employees, but was not agreed with Minister,” Deputy Minister said.
21 Dec.'14 17:49
MoD Under Fire Over its Statement on Death of Georgian Fighting for Ukraine
PM had to react after MoD’s statement drew widespread condemnation.
21 Dec.'14 14:02
PM Slams Sakdrisi Campaigners, Defends Gold Mining at Disputed Site
He said livelihood of mining company employees should not fall victim to “sterile archeological site.”
20 Dec.'14 20:35
Georgian MoD Statement on Death of Georgian Volunteer Fighting for Ukraine
“Full responsibility for the death… lies with representatives of previous authorities,” MoD said.
20 Dec.'14 19:44
Georgian PM Says Ready for Result-Oriented Talks with Russian Leader
“In principle we have a readiness to hold such a meeting,” Garibashvili said.
20 Dec.'14 18:57
Garibashvili Says Ex-Georgian Officials in Ukrainian Govt ‘Damaging’ Ties
It is also “damaging” for Ukraine itself, PM Garibashvili said.
20 Dec.'14 16:44
Georgian Volunteer Fighter Killed Fighting for Ukraine
32-year-old was killed in the town of Shchastya in the Luhansk region.
19 Dec.'14 20:11
Activists Vow to Keep Up Campaign Against Controversial Surveillance Regulations
Campaigners held a protest rally in downtown Tbilisi on December 19.
19 Dec.'14 18:42
Lithuanian Diplomat Becomes New Head of EUMM
Kęstutis Jankauskas has served as Lithuanian ambassador to NATO since 2011.

About Civil Georgia
Civil.Ge © 2001-2013, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
84