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Tbilisi is preparing for 2025 with a significantly expanded budget. The municipal government has submitted a proposed budget of GEL 2.555 billion to the City Council for approval.
The Tbilisi municipality will supplement its own revenue with GEL 580 million in financial assistance from the central government.
Tbilisi Mayor Kakha Kaladze highlighted the substantial growth in the city’s budget during his tenure. “We are committed to addressing all challenges and issues effectively, and next year’s budget provides us with that opportunity. The consolidated budget for Tbilisi in 2025, encompassing revenues from legal entities of public law (LEPLs), non-commercial legal entities (NNLEs), transitional balances, and loans, amounts to GEL 2.555 billion—a remarkable increase.
For comparison, when we were elected by the people of Tbilisi in 2017, the 2018 budget was only GEL 815 million. Today, the figures are significantly higher. I would like to express my gratitude to Prime Minister Irakli Kobakhidze, the central government, the Ministry of Finance, and all those who have shown support and solidarity. Without their assistance, discussing next year’s projects and initiatives would not be possible,” Kaladze stated.
The proposed budget will be allocated across various sectors, with GEL 700 million designated for infrastructure projects and GEL 535 million for healthcare and social services.
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One US dollar trades at GEL 2.8834
24/01/2025