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Nodar Khaduri: the Proposed State Budget takes many Objections into Consideration

Published: December 11, 2013 | 3:46 pm
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We have taken many objections from the Parliament into account while working on the State Budget project, the Finance Minister, Nodar Khaduri, stated before the start of today’s plenary session.
“We have taken on board many objections which the Parliament raised during the review process. The discussions went on for two months. The State Budget has taken its final form, though naturally, the priorities have remained the same – agriculture, education, health and social support,” the minister remarked, adding that several interesting changes have been made to the projects with regards to encouraging businesses.
“Our budget will encourage businesses. To achieve this, we will be working on two aspects – first, we will be placing the funds obtained through the treasury onto bank accounts, and banks will then be able to issue long term loans; and secondly, the Ministry of the Economy will have its funding increased, which will enable the financing of so-called start-up businesses,” Mr Khaduri stated.
With regards to the issues of criticism from the parliamentary opposition, domestic debts and salaries, the minister stated that salaries will increase in various state departments.
“I think that the United National Movement’s objections are being raised just for the sake of it, for them to say something. As for the debts, I would like to reiterate that next year, we will be repaying more of the UNM’s old debts than we will be taking out new ones,” Mr Khaduri stated.
The proposed 2014 State Budget will be discussed in the Parliament today.

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