Economy
Posted: 4 years ago

Tbilisi Budget to Rise to 200 million GEL in 2020

According to the 2020 budget bill, the capital city funding will essentially rise. The 2019 municipal budget constituted 1.79 billion GEL and this amount has created preconditions for implementing a lot of important projects, Tbilisi Mayor Kakha Kaladze noted at the Tbilisi government meeting on October 2.

The 2020 budget will be bigger and the amount will increase to 1.200 billion GEL, Kaladze said.

“I had communication with the Prime Minister. I had consultations with the Finance Minister. We have discussed the 2020 budget in details and all the implemented projects.

The 2020 budget will increase to 1.200 billion GEL. I would like to thank the central Authorities for support and that we are allowed to implement more projects for Tbilisi”, Kakha Kaladze noted.