
The Budget and Finance Committee heard the report on the 3-month execution of the State Budget 2025, introduced by the First Deputy Finance Minister, Giorgi Kakauridze. As per the reporter, according to the preliminary assessment of the National Statistics Office, compared to the respective period of 2024, the real GDP growth reached 9,0% in March 2025, and the average real growth for the I quarter constituted 9,3%.
The annual inflation level in March 2025 constituted 3,5%. The average inflation for the same period is maintained at 1,7%.
The foreign trade turnover for January-March constituted 5,618,6 ml USD - exceeding the index of the preceding year by 16,1%.
The tourism revenues for the I quarter of 2025 constituted 826,0 ml USD, which exceeds the respective index of 2024 by 2,3% (18,3 ml USD).
The reporter reviewed the incomes in the mixed budget stating that 6,541,162.8 GEL were mobilized for the reporting period - 102,1% of the forecast index. As he added, the privatization earnings and debt refund indices are also quite high.
The forecast index of the state budget revenues for January-March 2025 was determined by 5,581,211.3 GEL, while 5,700,392.3 GEL were mobilized during the reporting period - 102,1% of the forecast.
The Committee gave a positive assessment of the report.