BAKU, Azerbaijan, Oct. 14
By Maryana Akhmedova – Trend:
Georgia increased funding for the Ministry of Economy and Sustainable Development and the Ministry of Regional Development and Infrastructure in the draft of the 2022 state budget, Trend reports via Georgian media.
According to the project, 741.0 million Georgian lari ($235 million) is provided for the Ministry of Economy and Sustainable Development, which is an increase of 98.2 million Georgian lari ($31.1 million), compared to the approved plan of 2021.
The allocated money will be spent on the development of entrepreneurship, the mountain resorts, the construction of the necessary infrastructure for the 2023 World Cup, as well as on the tourism development and the development of innovations and technologies in Georgia.
The funding also will be distributed to the construction and rehabilitation of power transmission lines and gasification.
The funding for the Ministry of Regional Development and Infrastructure was set at 2.8 billion Georgian lari ($888 million), which is an increase of 387.3 million Georgian lari ($122.8 million), compared to the approved allocation for 2021.
This amount is allocated for road infrastructure improvement measures, the rehabilitation of regional and municipal infrastructure, the rehabilitation of water supply infrastructure, the solid waste management program, the construction of general education infrastructure.
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