As per the Budget Code, following the delivery of macroeconomic forecasts and information concerning basic directions of Georgia's ministries by the government of Georgia to the parliament, the Parliamentary Budget Office (PBO) is publishing its independent forecasts.
Major dynamics of the forecasted variables are as follows:
As per the Budget Code, following the delivery of macroeconomic forecasts and information concerning basic directions of Georgia's ministries by the government of Georgia to the parliament, the Parliamentary Budget Office (PBO) is publishing its independent forecasts.
Major dynamics of the forecasted variables are as follows:
The real GDP 2019 growth forecast (4.7%) exceeds the government forecast (4.5%) by 0.2 percentage points (pp) and does not differ from the PBO forecast of December 2018. The PBO December forecast was mainly based on two factors, out of which both actualized almost exactly the way they were assessed in December: The 2018 economic growth rate was adjusted to 4.7% from the
02-10-2020
As part of the effective implementation of legislative activities by the Parliament, to further refine the examination of financial impact of the bills mechanism and to facilitate its implementation in...
02-10-2020
In order to facilitate the effective implementation of budgetary authority by the Parliament, and to strengthen the capacity of the Fiscal Environment Assessment and Monitoring by the staff of parliamentary...
02-10-2020
In order to facilitate the effective implementation of the budgetary authority by the Parliament, on September 22-23 of this year, the Training Center of the Parliament of Georgia organized a...