Georgian Finance Minister Lasha Khutsishvili presented the final draft of the 2026 state budget to parliament, outlining key economic forecasts and fiscal priorities.

Khutsishvili announced that real economic growth is projected at 5% for 2026, with a medium-term outlook of 5.3%, while average inflation is expected to reach 3.3%. The budget sets nominal GDP at 114.12 billion GEL, with GDP per capita surpassing USD 11,300.

According to the Minister, tax revenues for the consolidated budget are estimated at 27.04 billion GEL, reflecting an increase of 240 million GEL from earlier projections. The budget deficit is set at 2.5% of GDP, and the government debt-to-GDP ratio remains contained at 33.5%. Total expenditure for the 2026 consolidated budget amounts to 36.285 billion GEL.

Khutsishvili emphasized that these indicators demonstrate how “a sound fiscal policy ensures macroeconomic stability—an essential foundation for Georgia’s long-term development.”

He also expressed appreciation for the active involvement and constructive cooperation of all parliamentary committees, particularly the Finance-Budgetary Committee, throughout the budget preparation process.