The Treasury of the Ministry of Finance has published an operational execution report for the 2026 state budget, covering revenues received and expenditures made through January–July. According to the report, 13.5 billion GEL was mobilized from tax collections during this period, reaching 79% of the 9-month target.
Tax Revenues Breakdown
Value-Added Tax (VAT): 5.00 billion GEL (77% of the 9-month target)
Income Tax: 4.83 billion GEL (79% of the 9-month target)
Profit Tax: 2.14 billion GEL (88% of the 9-month target)
Excise Tax: 1.48 billion GEL (76% of the 9-month target)
Other Major Revenue Sources
Interest on Treasury Deposits: 196 million GEL earned from government funds placed in commercial banks
Fines & Penalties: 150 million GEL
Privatization Proceeds: 115 million GEL
Debt & Borrowing
On the liability side, the government raised 1.1 billion GEL through domestic debt instruments (Treasury bills and Treasury bonds), while revenues from external loans and foreign credits amounted to 1.75 billion GEL.
