Georgia: A Bright Spark Struggling with the Homework
Georgia: A Bright Spark Struggling with the Homework

Author(s): Elżbieta Kaca
Subject(s): Supranational / Global Economy, Economic policy, Government/Political systems, International relations/trade, Economic development, Fiscal Politics / Budgeting, Geopolitics
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Georgia; European Union; budget support; national budget; financial grants; government’s priorities;
Summary/Abstract: This section presents how budget support has been spent in Georgia. Budget support expenditures amounted to €258 million in 2007–2013 and made up 60% of Georgia’s national budget. This sum consisted of €216 million planned for budget support, including €49 million allocated under the “more for more” rule to some operations and the rest for technical assistance and other grants. In this period of time, 12 programmes were planned, out of which two projects were finalised, six are still under implementation, and four are in the planning process. The majority of the financial resources have been disbursed, as the level of EU conditions met for each tranche hovered around 90%. The EU de-committed only €2.5 million as Georgia had not fulfilled some EU conditions due to changes in the government’s political priorities.

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