Home / Economy / What Space of Land Plots Government Sold in January-September

What Space of Land Plots Government Sold in January-September

In January-September 2018 the state budget revenues from sold land plots made up 6.607 million GEL.

According to the Treasury Service of Ministry of Finance, in January-September 2018 the revenues from decline in nonfinancial assets made up 81.865 million GEL, which is 209.9% of the forecast indicator (39 million GEL). 

Including: revenues from main sales of fixed assets (71.282 million GEL) constituted 200.8% of the January-September forecast volume (35.500 million GEL), while revenues from sales of non-business asset made up 10.572 million GEL, which is 302.1% of the January-September forecast indicator (3.5 million GEL).

Namely, Government of Georgia planned to mobilize 2 million GEL from sales of land plots, but real sales made up 6.708 million GEL, that is 330.4% of the forecast indicator. 

At the same time, revenues from sales of radio frequency spectrum licenses made up 3.966 million GEL, which is 264.3% of the forecast indicator (1.5 million GEL).