Georgia's budget deficit to fall to 1.3% of GDP in 2026 - Finance Ministry

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According to the Georgian Finance Ministry, the 2025 budget was executed with a deficit of 1.5% of GDP against a plan of 2.5% of GDP. The bill on the 2027 budget envisages a…

TBILISI. Nov 12 (Interfax) - Georgia's budget deficit will be approximately 1.3% of GDP in 2026 against the plan of 2.5% of GDP, Georgian First Deputy Finance Minister Georgy Kakauridze said at a meeting of the parliamentary committee on healthcare and social issues, where amendments to the 2026 budget were discussed.

"According to the 2026 budget, the deficit was planned at 2.5% of GDP, and we will reduce it to 1.3% of GDP. We expect that real economic growth this year may be slightly higher - 6.8%, and this will bring additional revenues, and accordingly, the actual budget deficit level may be even lower by the end of the year," Kakauridze said, as quoted by bm.ge.

According to the Georgian Finance Ministry, the 2025 budget was executed with a deficit of 1.5% of GDP against a plan of 2.5% of GDP. The bill on the 2027 budget envisages a deficit of 2.5% of GDP with a forecast of 5% economic growth and inflation within 3%.

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