Prime Minister Reports Budget Surplus

On April 2 Prime Minister Zurab Zhvania reported 40 million Lari budget surplus in three months of 2004.
 
He explained the surplus by better revenue collection; however he added that problems persist regarding transfer of tax revenues from the Adjarian Autonomous Republic. 

“However, this is not enough and the government intends improvements in order to [further] increase budgetary revenues,” Zurab Zhvania said.
 
The Finance Ministry elaborated the draft of 2004 state budget, which will be discussed next week by the government.