Government Cuts Salaries by 57 million GEL

Salaries in the public sector will be cut by 57 million GEL, the 2020 bailout budget bill reads. Under the document, the 2020 salaries in the public sector will amount to 1.839 billion GEL.

Furthermore, the Government plans to cut expenditures in the part of Goods and Services. Namely, in this direction will be reduced by 107 million GEL and this part will be financed by only 1.860 billion GEL.

Non-COVID expenditures in the subsidization component will be cut by 77 million GEL, while expenditures grow by 559 million GEL in other directions. On the whole, the subsidization programs will be financed by 1.5 billion GEL. At the same time, social support programs will also grow to 5.575 billion GEL form 4.556 billion GEL.

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Economy

Government Cuts Salaries by 57 million GEL

Salaries in the public sector will be cut by 57 million GEL, the 2020 bailout budget bill reads. Under the document, the 2020 salaries in the public sector will amount to 1.839 billion GEL.

Last 7 Days Hot Topic

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01

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02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
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Government Cuts Salaries by 57 million GEL

Salaries in the public sector will be cut by 57 million GEL, the 2020 bailout budget bill reads. Under the document, the 2020 salaries in the public sector will amount to 1.839 billion GEL.

Last 7 Days Hot Topic

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 03

Georgia Sees Surge in Electric Vehicle Registrations 04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
03

Georgia Sees Surge in Electric Vehicle Registrations
04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06