Tbilisi. Transparency International – Georgia published a Short Analysis of Georgia’s 2018 State Budget 6 Month Progress Report.

According the report, 6-month plans of the Receipts and Expenditure of the 2018 state budget have been fulfilled by 102.8% and 95.1%, respectively. Plans of Capital Expenses and Goods and Services were two categories of budget expenditure that had the lowest fulfillment rates; Receiving more revenues and spending less than planned led to reducing a budget deficit; Public debt to GDP ratio decreased from 44.7% to 41.1% that was stemmed from GDP growth and appreciation of GEL observed at the end of the previous year. By the conclusion of TI, following public institutions have the lowest rates of budget fulfillment: the Government Administration (70%), the High Council of Justice (71%) and the Intelligence Service (73%). As for specific programs and subprograms, investment projects, especially energy and infrastructure projects, had the lowest fulfillment rates.

Source: The organization’s webpage