Georgia
Posted: 6 months ago

Tbilisi City Hall Budget to Hit Record 1.3 billion GEL

Tbilisi City Hall plans to spend a record figure in 2020 – 1.3 billion GEL, Irakli Khmaladze, Tbilisi Vice mayor noted.

The municipal budget expenditures will make up 1.1 billion GEL, 65 million EUR (215 million GEL) will be attracted from European Bank for Reconstruction and Development (ERBD). The city hall will buy 200 new buses by the EBRD loan, Irakli Khmaladze said.

The city hall will prioritize to renew the municipal bus fleet and cover capital expenditures in 2020, Irakli Khmaladze told BM.GE.