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Thursday, 27 October 2016


Georgian law on state budget to be amended

2011-03-30 13:41

A number of amendments will be made to the Georgian law on the state budget. According to the amendments, 357 885, 0 thousand laris are to be allocated for servicing and covering debt liabilities. As reported by Business Georgia, amendments will imply 219 002,0 thousand laris instead of 193 877,0 thousand laris for covering the interest in the approved budget. For instance, the state is going to pay 94 500,0 thousand instead of the former 69 375 thousand laris for servicing liabilities on the issued securities.

Besides, net growth of internal liabilities on the issued treasury obligations will increase twice and will amount to 200 000 laris.

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