Giorgi Kakauridze, the Deputy Finance Minister of Georgia, has made an announcement in regard to the 2018 budget. Giorgi Kakauridze has focused on the priorities of the state budget of 2018.

"There is no resource for increasing pensions in 2018 budget, therefore we have to ensure the economic growth and it will give us the opportunity to increase social spending," Giorgi Kakauridze has stated

According to him, the main objective of the country is to achieve high economic growth, which will create resources to increase social spending.