Georgia’s Finance Ministry plans to revise the 2026 state budget, according to the list of bills the government intends to submit to Parliament. The proposed changes are expected to be driven mainly by revised macroeconomic and fiscal parameters.
The 2026 budget was based on 5% economic growth, while GDP expanded by 7.9% in the first seven months of the year. The government, National Bank and IMF have since raised their forecasts to 6.3%, 6.5% and 6.5%, respectively. A higher growth forecast could lead to an increase in projected budget revenues.
Central government revenues are currently planned at GEL 30.8 billion, including GEL 23.2 billion in tax revenues. Tax collections reached GEL 13.5 billion in the first seven months, or 58.1% of the annual plan, and could reach GEL 23.4–23.5 billion by year-end. Other revenues may also be revised upward, including fines, which reached GEL 150 million in seven months against an annual target of GEL 200 million.
Dividend income is also exceeding the plan. The government had projected GEL 450 million in dividend income from GEL 2.8 billion held in interest-bearing bank deposits, but GEL 571 million had already been received by July. If the current pace continues, this could reach GEL 912 million by year-end. Overall, budget revenues could increase by around GEL 830 million to GEL 31.6 billion, although it remains unclear how the government plans to adjust spending or allocate the additional funds.
