The Parliament of Georgia will approve today the budget for 2024 year.

The real economic growth is planned at 5.2% for 2024 and 5% for forthcoming years; the deflator index is 3% in 2024 and further; the average inflation index is 2.8%; the nominal GDP constitutes 86 bl. GEL, which is higher than in 2022; the mixed budget deficit is at 2.5%, and the state debt towards GDP is 38,0%”, - he stated, speaking about the challenges introduced to the Draft after the previous submission noting that the tax revenues to the mixed budget increase up to 110 ml GEL, though the increase in the state budget is 106,6 ml GEL.

Hence, the total mixed budget revenues for 2024 constitute 28 357 ml GEL, and the expenditures – 28 706 ml GEL. As for the total revenues to the state budget in 2024 – they are increased compared to the plan approved in 2023 by 2 398,5 ml GEL to constitute 24 569,5 ml GEL.