Answers on Key Questions/Issues

On aggregate level, are the deviations from target plan visible for state budget items?  

In 2015, state receipts totaled GEL 9,891 mln, equal to 101% of final (November 2015) plan and 100% of initial plan target. In addition, state budget payments for the year totaled GEL 9,703 mln and equal to 101% of initial and final plan target.

Are the items of the state budget receipts mobilized as planed? 

Items of receipts (except from the decrease in financial assets) with respect to final plan do not show substantial deviation (the performance of revenues, decrease of non-financial assets and increase in liabilities vary around 101%-103% of respective annual plan).

Parliamentary Budget Office of Georgia in accordance with the mandate presents a Fiscal Review of Georgia, which aims to analyse the main fiscal indicators and fiscal policy role in ensuring short-term macroeconomic stability, as well as, assessments of fiscal risks and fiscal sustainability in the medium- and long-terms.
The report covers the following key components of the fiscal policy: