Georgia’s Treasury Service at the Ministry of Finance reports that the government collected GEL 7.5 billion in tax revenues during the first four months of 2026. This figure represents 67.7% of the six-month budget plan, according to official data on budget execution.
By tax category, the largest share came from personal income tax, which brought in GEL 2.8 billion, followed closely by value-added tax (VAT) at GEL 2.7 billion. Corporate profit tax contributed GEL 1.21 billion, while excise duties amounted to GEL 744.5 million. Import taxes accounted for GEL 51 million.
Among notable fiscal changes this year, the government significantly increased excise duties on car customs clearance, with rates rising by 560% for vehicles both under and over six years old. This reform is highlighted as one of the most significant tax policy changes of the year.
In addition to tax revenues, the budget also received GEL 70 million from privatization, including GEL 17 million from a 5G mobile internet frequency license. Meanwhile, the government mobilized GEL 1.9 billion in borrowing during the same period, of which GEL 364 million came from domestic debt and GEL 1.52 billion from external sources, bringing total debt mobilization to 70.8% of the planned level.
