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Budget of Georgia Ministry of Regional Development and Infrastructure to be highest

Finance Materials 4 December 2020 16:19 (UTC +04:00)
Budget of Georgia Ministry of Regional Development and Infrastructure to be highest

BAKU, Azerbaijan, Dec.4

By Tamilla Mammadova – Trend:

The 2021 budget of the Ministry of Regional Development and Infrastructure will be 2.37 billion lari ($716.2 million), Trend reports via the ministry.

As reported, this is the highest in the history of the ministry and exceeds the budget of 2020 by 551.3 million lari ($166.6 million) (30 percent), announces the ministry.

The budget will be distributed in the following way:

- Road infrastructure - 853 million lari ($257.7 million).
Next year, 11 municipal road renovation and construction projects will be completed. In total 85 km of roads will be built and about 600 km of roads will be repaired.

- Water supply - 347 million lari ($104.8 million).
New projects will be financed in Samtredia, Vani, Baghdati, and Kazbegi which will benefit more than 50,000 families. 24-hour water supply will also have 45,000 families living in Telavi, Sighnaghi, Kvareli, Dedoplistskaro municipalities", said the ministry.

- Construction, renovation of educational infrastructure - 161 million lari ($48.6 million).
The construction of 49 schools will be completed in 2021. Some 80 schools will be renovated and the construction of 17 new kindergartens will be financed next year.

Fund for projects to be implemented in the regions - 280 million lari ($84.6 million).

This year's budget for the ministry, which totaled 1.82 billion lari ($550.03 million), will end in a surplus.

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