Georgia will not adopt measures that undermine economic stability, and sustained economic growth will allow the government to increase pensions and social programs annually, Parliamentary Finance and Budget Committee Chairman Paata Kvizhinadze said. He dismissed opposition proposals to increase spending by GEL 2 billion as populist, stressing the importance of maintaining key economic indicators.
Kvizhinadze compared Georgia’s budget deficit of 2.5% of GDP with France’s 5%, saying France needs to cut spending by EUR 54 billion to approach European standards. He argued that weak economic growth is forcing European countries to consider cuts affecting pensions, salaries, education and healthcare.
Under Georgia’s 2027 budget draft, state budget revenues are projected to increase by GEL 2.6 billion and consolidated budget revenues by GEL 3.2 billion. Kvizhinadze said GEL 843 million would support pension increases, social assistance for people with disabilities and pension fund contributions, while healthcare would receive an additional GEL 125 million and GEL 520 million would fund salary increases for doctors, teachers and public-sector employees. More than GEL 2 billion is allocated to social and related priorities, alongside infrastructure investment, including GEL 250 million for railway modernization.
Kvizhinadze described the budget as balanced and socially oriented, highlighting continued development of Anaklia Port and other infrastructure projects. He welcomed the prime minister’s announcement that pensions for people aged 60–70 would increase by GEL 45 in 2027, calling it a significant but necessary decision. He added that further proposals could be considered during the next stage of parliamentary review.
