According to the 2017 state budget law, total receipts are set for 11,457 mln GEL and total payments are set for 11,415 mln GEL. As for the execution, according to January performance total receipts amount to 7% of the annual plan and have increased by 25% (i.e. 158 mln GEL) compared to the last year’s same period performance. Total payments amount to 7% of the annual plan and has increased by 13% (i.e. 87 mln GEL) compared to the last year’s same period performance.
For the components of total receipts, lower performance level are shown for the decrease in financial asset and increase in liabilities items (amounts to 5% and 1% of the annual plan, respectively). For the components of total payments, lower performance level are shown for the increase in non-financial assets and increase in financial assets items (amounts to 2% of annual plan).