The Agriculture Committee heard the six-month report on the execution of Georgia’s 2026 State Budget, submitted by the Ministry of Finance.

The reporter, First Deputy Finance Minister Giorgi Kakauridze, presented the economic and fiscal parameters to the Committee.

According to him, the average real growth GDP in the first six months of 2026 amounted to 7.9%, while the inflation rate stood at 5.8%.

According to the report, foreign trade increased by 5.8%. In January-June 2026, Georgia’s foreign trade turnover in goods exceeded USD 12 billion 925 million. Of this amount, exports accounted for USD 3 billion 876 million, while imports amounted to USD 9 billion 049 million.

He also noted that net money transfers increased by 11% in January-June compared to the corresponding period of the previous year.

Giorgi Kakauridze spoke about the situation in the tourism sector. As he noted, due to the ongoing hostilities in the Middle East, the number of visitors decreased by 2.7% in the first six months of 2026. Accordingly, tourism revenues decreased by 2% compared to the first half of the previous year and amounted to USD 1 billion 931 million.

According to Giorgi Kakauridze, GEL 15 billion 086 million was mobilized in the consolidated budget in January-June 2026, which represents 104% of the six-month forecast. As for the revenues of the state budget itself, a total of nearly GEL 12 billion 515 million was mobilized, representing 103% of the planned figure.

The First Deputy Minister also spoke about the budget execution rates of state institutions: “More than GEL 372 million has been utilized by the Environmental Protection and Agriculture Ministry, with the overall utilization rate standing at 96.1%”.

The Committee endorsed the information presented.