Economy
Posted: 1 month ago

COVID-19 Harmed Tbilisi's Budget by About GEL 150 Million

According to the mayor of the capital, the declaration of a state of emergency in the country has harmed the budget of Tbilisi by about 150 million GEL.

Kakha Kaladze explains that several large projects have been suspended due to the pandemic.

"As of today, the municipality has lost more than 150 million GEL. All of this will be reflected in the projects that need to be implemented, but we will do our best to start these works a little later. One of the plans we had to postpone is to buy minibusses, ”Kaladze said.