About Civil.ge
Eng | Geo | Rus
Last updated: 19:23 - 22 Nov.'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 Nov.'14 19:23
Tbilisi Condemns Russia’s Move to Sign New Treaty with Sokhumi
The Foreign Ministry said it is a step towards “annexation of Georgia’s occupied territories.”
22 Nov.'14 18:57
Moscow, Sokhumi Endorse Final Text of New Treaty
Although the text has been revised, concerns still remain in part of the Abkhaz society.
21 Nov.'14 16:28
Civil Society Groups Slam PM for ‘Aggressive Tone’
PM criticized for using “inappropriate” and  “slanderous” remarks in reference to campaign group.
21 Nov.'14 14:57
3 Guantanamo Detainees Transferred to Georgia
The first time when Guantanamo detainees were transferred to Georgia was in 2010.
20 Nov.'14 22:38
GD’s Dueling Bills on Surveillance Regulation
Two competing bills on key part of surveillance regulation were tabled by GD MPs.
20 Nov.'14 15:22
Moscow, Tskhinvali Drafting ‘Comprehensive Treaty on Integration’
Meanwhile, govt in breakaway Abkhazia endorsed final text of draft treaty with Moscow.
20 Nov.'14 13:24
Parliament’s Group of Confidence Holds First Meeting
MoD-related cases, including one that caused split within GD coalition, discussed.
19 Nov.'14 15:42
PM Hails ‘Very Successful’ Visit to Brussels
He said he had “very fruitful” and “positive” talks with NATO, EU officials.
18 Nov.'14 21:04
Burjanadze Criticizes Govt’s ‘NATO Rhetoric’
She said choice is between “illusionary NATO membership” and restoration of territorial integrity.
18 Nov.'14 16:13
Three New Deputies of FM Appointed, Two Others Retain Posts
New First Deputy FM, Davit Dondua, will be Georgia’s chief negotiator in the Geneva talks.

About Civil Georgia
Civil.Ge © 2001-2013, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
71