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Friday, 01 February 2019 13:00

Georgia triples budget allocations on infrastructure

Georgia triples budget allocations on infrastructure

 “Focus made in the State Budget for 2019 towards the development of infrastructure, fully responds to our national interests and challenges faced in the economy of Georgia”, Prime Minister of Georgia Mamuka Bakhtadze said in his speech delivered at the Presentation of Projects Planned for 2019 by the Ministry of Regional Development and Infrastructure of Georgia (MRDI), Caspian Energy News (www.caspianenergy.net) reports with reference to the press office of the Prime Minister of Georgia.

“Regional development has always been a distinct priority for us and our political team. It is well reflected in the State Budget parameters. In contrast with 2012, we have actually tripled the budget allocations towards this end, while increased earmarking for regions by 20 percent in the State Budget of 2019 in comparison with the previous year. Thus, almost 2 BLN GEL will be spent on the development of infrastructure in 2019”, added the Prime Minister of Georgia.

“We have significant infrastructure priorities, such as water and sewage systems that need to be streamlined, along with the construction of new roads for many cities and villages of the country”, noted the Prime Minister of Georgia and added that development of infrastructure will remain to be the absolute priority for the Government in the coming years.

Prime Minister of Georgia once again stressed the significance of engaging Georgia in the development programs of new trans-European transport system by the European Commission and noted that it will lead to a greater integration of the country with European transport systems.

According to the Prime Minister of Georgia, all the main large infrastructure projects will be completed through 2022, including those to be carried out with sophisticated and complex engineering solutions.

More details: http://gov.ge/index.php?lang_id=ENG&sec_id=526&info_id=69869

Person in charge of the newsline: Olga Nagiyeva 

 

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