(Tbilisi, Civil Georgia, December 6, 2002) – Georgian Parliament adopted a resolution today urging the government to allocate 1% of county’s GDP annually for the Georgian Ministry of Defense (MoD) till 2005.
If the government agrees with the Parliament’s recommendation MoD will not have a fixed budget for the period of 2003-2005.
The Parliament’s resolution is caused with the lack of financing of the Georgian armed forces. The budgetary shortfall of the MoD in 2002 exceeded 11 million Lari (approximately USD 5 million).
According to the calculations 1% of the Georgia’s GDP in 2003 will be up to USD 36 million, while the draft budget of the 2003 considers allocation of only USD 26 million in the MoD.
This post is also available in: ქართული (Georgian) Русский (Russian)