OREANDA-NEWS. On November 6 of the current year, the Parliament of Georgia approved changes to the state budget 2007. According to the amendment, financial resources are increasing by 350 million GEL and now amount to 5, 469.9 million GEL, Georgian Ministry of Finance reports.
 
State Budget revenues and grants amount to 5 095.6 million GEL, which exceeds the forecast parameter by 350.0 GEL.  State Budget expenditure is being increased by 350.000.00 million GEL and amounts to 5 469.861 million GEL; as for amount of funding the budget deficit, it stays the same and equals 374.2 million GEL.

Tax revenues of State Budget 2007 compared to forecast indicator is increased by 57.0 million GEL and will amount to 3 676.1 million GEL;

Non-Tax revenues of State Budget 2007 will equal 648.5 million GEL, which exceeds the forecast parameter by 46.0 million GEL;

Capital Incomes of State Budget 2007 have been defined for 540.0 million GEL, which exceeds the approved indicator by 140.0 million GEL;

State Budget grants is increased by 107.0 million GEL and amounts to 231.1 million GEL.

Budget expenditures will be implemented according to the state priorities and, therefore, the funding will be increased for the following organizations:

Ministry of Justice – for reconstruction- rehabilitation activities in the penitentiary system – 6 000.0 thousand  GEL;

Ministry of Defense  - for implementation of reforms, development of infrastructure and implementation of undertaken obligations – 224 000.0 thousand  GEL;

Ministry of Agriculture – for activities for provision of flour – 28 000.0 thousand GEL;

Ministry of Labor, Health Care and Social Protection – 92 000.0 thousand GEL.

Above mentioned financial resources will also be used for subsidies for electricity and natural gas (72 000.0 thousand GEL) and for funding the state program on professional qualification (20 000.0 thousand GEL);

Ministry of Finance, transferring for territorial units budgets – 11 037.0 thousand GEL.

These funds will be spent for various activities in the regions.

The Parliament and the organizations under it – 82.5 thousand GEL;

Administration of the President – 2 658.2 thousand GEL;

Ministry of Economic Development  - 1 200.0 thousand GEL;

Ministry of Education and Science – 500.0 thousand GEL;

Ministry of Culture, Monuments Protection and Sports – 633.5 thousand GEL.