The Minister of Finance, Lasha Khutsishvili, in his speech within the Minister's Hour format, spoke about the macroeconomic indicators which are planned to be achieved this year.

"We planned to reduce the budget deficit to 4.4 percent of GDP in 2022, but we think that according to current forecasts, it will be possible to reduce it to 4.1 percent. In parallel with the budget deficit, the government debt rate will be reduced to 48 percent of GDP. The volume of government savings is also an important parameter. This figure was around 5 percent of GDP before the pandemic. Under the influence of the pandemic, in 2020, this figure became negative, and in 2021, it was less than 1 percent. In parallel with the economic recovery, the level of government savings in 2022 will come close to the pre-pandemic mark and will exceed 4 percent," said the Minister of Finance, Lasha Khutsishvili.

Khutsishvili added the increase in government savings would allow for high-volume capital expenditures. Accordingly, capital expenditures will reach GEL 5.9 billion this year, and will be 8.7 percent of GDP.