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Tuesday, 25 October 2016


Georgia's budget was spent unevenly

2011-05-31 15:01

Georgia's budget was spent unevenly. 17733.jpegThe auditors of the Georgian Chamber of Control claimed on the "irregular spending"of the state budget of Georgia in 2010. According to "Business-Georgia" with reference to materials of the Chamber, on the basis of analysis of "Report on the Implementation of Budget 2010", it was found that the maximum expenditure from the budget were noted in the second half of the year. For example, in December 2010 the costs amounted up to 584 million lari.


The report also states that the new commitments taken by the government and unplanned expenses have led to the increase of money supply in the country.

Such actions of the government have a negative impact on the growth of inflation and budget deficits in Georgia, said experts of the Control Chamber.

All of this point to the necessity for new solutions in the calculation and management of the budget of the country.

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