In 2022, the government will increase funding for those investment projects, which implementation has been below 40% this year, - according to a report prepared by the Audit Service on draft state budget 2022.
According to the State Audit Office, draft state budget reads, that most of the financial resources received from external sources (61.3% or GEL 1.9 billion) will be directed to the investment projects, which is 37% (GEL 514 million) more compared to the draft budget 2021. As for the budget support loans, their volume was estimated at GEL 1.2 billion, which is 38.7% of the financial resources received from external sources. At the same time, according to the agency, it should be noted that the volume of budget support loans has decreased by GEL 2.7 billion compared to the same period of this year.
"Within the framework of loans attracted from external sources, it is planned to continue 53 investment projects launched in previous years.
It is important for project implementing agencies to focus on their current implementation trends in the process of planning and determining funding for investment projects. Delayed use of credit resources is especially important for projects that involve the payment of a commitment fee on the unused part of the loan.
Most of the investment loans (75%) provided by the bill will be spent on the projects of the Ministry of Regional Development and Infrastructure," - the report reads.
