(MENAFN- Trend News Agency) BAKU, Azerbaijan, Aug.4. The
Government of Adjara (Georgia) will submit a revised budget for
2023 to the Supreme Council of the region, that will debut
exceeding 600 million lari ($233.9 million), Chairman of the
Government of Adjara Tornike Rizhvadze said at a government
meeting, trend reports.
Rizhvadze noted that the increase in the budget is the
result of positive trends in the economy, increased confidence, and
increased activity in tourism and business both in the country and
in the region.
"The budget of the Autonomous Republic of Adjara was
just over 300 million lari ($116.9 million) five years ago (in
2018), and we will submit very soon to the Supreme Council of
Adjara a revised budget for 2023," he added.
He said that the almost doubled budget of the region
will allow the government to implement even more social and medical
programs, build additional schools, finance the education of young
people, including abroad, build new roads and pay more attention to
the development of Adjara and its population.
As part of the adjustment of the budget of Adjara for
2023, the volume of transfers to municipalities increases by more
than 32 million lari ($12.4 million) and will amount to 150 million
lari ($58.4 million).
Rizhvadze emphasized that there is every reason to
believe that by 2025 it will amount to at least 1 billion lari
($389.9 million) based on the current possibility of increasing the
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