2014-12-30
At today's government meeting, it was pointed out the 2014 State revenue exceed budget estimates, which is a good starting point for the next year's budgeting. The Georgian Prime Minister inquired into the issue of meeting the budget. According to Minister of Finances Nodar Khaduri, as of this morning, the state revenues made up 100, 3 percent of the budget estimates.
"We have been informed that these data have increased even further. We expect between 40 and 45 million GEL tomorrow. In terms of revenues, we have exceeded the budget estimates. Taxes have been mobilized. As of today, they constitute 6 billion 840 million GEL, 20 million GEL more than expected. In addition, over 98 percent of the state tax estimates will be ensured. "In other words, the remaining two percent have not been met, mainly due to spending cuts. For example, sums will be deposited back in the government's reserve fund since spending cuts were employed in relation to this particular expenditure," Nodar Khaduri said.
Prime Minister's Press Service