Tbilisi Vice Mayor Irakli Khmaladze declares, that Tbilisi City Hall has problems in the revenue part amid pandemic.
According to Khmaladze, economic activity is low and revenues from the taxes are significantly reduced.
"The spending part of municipality budget is running efficiently. We are following a plan that has been approved, but we have problems in the part of revenue. Economic activity is low due to the pandemic; revenues are declined from taxes as well. The municipality will have to increase privatization plan and mobilize more privatization assets in order to fully respond to this year's financial challenges," Irakli Khmaladze noted.
