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Georgian Presidential Administration reduces costs

Business Materials 8 October 2010 10:23 (UTC +04:00)

Georgia, Tbilisi, Oct.8 / Trend, N. Kirtskhalia /

Georgian Presidential Administration plans next year to reduce own costs in the country's public budget by 2.9 million lari, and government office by 290,700 lari.

In accordance with the draft budget for 2011, financing of the presidential administration will be at 13.5 million lari ($ 1 = 1.81 lari). This year, 16.5 million lari has been allocated for the Administration.

Mainly costs are reduced in goods and services. With regard to government office, next year its funding will amount to 8.5 lari, and this year it amounted to 8.8 million lari.

The draft budget for next year must be approved by Parliament before last Friday of December.

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