The state budget expenditures soared by 1.2 billion GEL

The   2025 consolidated budget expenditures stand at  32 billion 400 million GEL compared to the first version of the budget project, the spending part of the consolidated budget has increased by more than 1 billion 200 million GEL, the Ministry of Finance reports.

According to the Ministry, the 2025 budget is tied to the following macroeconomic parameters:

• Real economic growth - 6.0%;

• GDP deflator forecast- 3%;

• The average inflation forecast for the current year is significantly lower than the target rate and amounts to 1.0%, while next year it will approach the target rate;

• The nominal GDP forecast is set at 99 billion 239 million GEL. Gross domestic product per capita exceeds 9,700 dollars;

• The share of tax revenues of the combined budget in relation to the gross domestic product is 25.5%, in nominal terms - 25 billion 305 million GEL;

• The privatization forecast rate of the combined budget - 500 million GEL;

• Consolidated budget deficit - 2.5% of the gross domestic product, the government debt — 35.9%

The share of tax revenues of the combined budget to the gross domestic product is 25.5%, in nominal terms - 25 billion 305 million GEL;

The expenditure part of the consolidated budget of 2025 amounts to 32 billion 400 million GEL.

Compared to the first version of the budget project, the spending part of the combined budget has increased by more than 1 billion 200 million GEL.