The Ministry of Finance has published the 11-month report on the implementation of the 2022 state budget.
According to the document, GEL 13 billion 213 million was mobilized as taxes in the budget, which was 91.3% of the annual plan.
Including, the largest amount - GEL 5.5 billion was entered the state budget from Value Added Tax.
In more detail, the budget performance according to taxes is as follows:
• Income tax - GEL 4.2 billion, 92.2% of the annual plan;
• Profit tax - GEL 1.8 billion, 96.2% of the annual plan;
• Value Added Tax - GEL 5.5 billion, 93.7% of the annual plan;
• Excise tax - GEL 1.8 billion, 90.9% of the annual plan;
• Import tax - GEL 112.7 million, 100.6% of the annual plan.
As for the privatization, according to the budget performance report, the government expects GEL 300 million income from the sale of state property, however, GEL 156.6 million has entered the state budget from privatization in 11 months, which is 52.2% of the forecast amount (300 million GEL).
