Budget Calendar
| Monday | Tuesday | Wednesday | Thursday | Friday | Saturday | Sunday |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | 30 |
Explanation
Block Explanation Report on revenues, expenditures, changes of balance and total balance
Financial agency of the local self-government body shall, within 10 days from the end of each month, prepare the report on revenues, expenditures, changes of balance and total balance for each local self-government budgets. Article 84.4
Within 10 days after the end of each month, the financial agency of the Autonomous Republic shall prepare the report on the volumes of revenues, expenditures, changes of balance, and total balance of the republican budget of the Autonomous Republic. The Budgetary Code of Georgia. Article 107.4.
Block Explanation Information about assigned allotments
Within 5 working days after publishing of the republican budget law of the Autonomous Republic, the offices of payment shall submit to the financial agency the information on approximate quarterly and/or monthly breakdown of the allotments assigned to them by the budget. The Budgetary Code of Georgia. Article 105.1
Block Explanation Quarterly and/or monthly breakdown of the budget
No later than 15 days upon publication of the local self-government body’s budget, the financial agency shall prepare quarterly and/or monthly breakdown of the budget of the local self-governing body.The Budgetary Code of Georgia. Article 82.1.
The financial agency, jointly with the offices of payment, shall review the submitted information and, taking into account existing resources, no later than within 15 days since publication of the budget, make decision on quarterly and/or monthly breakdown of the budget. The Budgetary Code of Georgia. Article 105.2
Block Explanation About the condition of the state precurements
Legal Entity of Public Law - the State Procurement Agency shall, within 15 days after end of each month, submit to the Ministry of Finance of Georgia the information on condition of the state procurements in accordance with the form defined by the Ministry of Finance of Georgia.The Budgetary Code of Georgia.Article 48.1.
Block Explanation The agreement on delegation
Within 1 month upon publication of the state budget law, the agreement on delegation is concluded between the local self-government executive body and a corresponding state agency (if required).The Budgetary Code of Georgia. Article 79.3.
Block Explanation Documents of priorities
No later than in 20 days after budgetary approval the local self-government bodies (except for the local self-government bodies within the Autonomous Republic) shall submit to the Ministry of Finance of Georgia the documents of priorities, which are in compliance with the approved budgets.The Budgetary Code of Georgia. Article 78.8.
No later than in 20 days upon approval of the budget the executive body of the Autonomous Republic shall submit to the Ministry of Finance of Georgia the document of priorities of the Autonomous Republic made in compliance with the approved budget. The Budgetary Code of Georgia 102.4.
Block Explanation Document of the Basic Dimensions and Directions
No later than in one month after the beginning of the planning budgetary year the Ministry of Finance of Georgia, on the basis of the information received from the local self-governments and Autonomous Republics, shall complete the final draft of the Basic Dimensions and Directions and submit it to the Financial-Budgetary Committee of the Parliament of Georgia for consideration. The Budgetary Code of Georgia. Article 39.13
Block Explanation Accounts on condition of the state budget
Within 20 days after the end of each month the State Treasury shall prepare accounts of the revenues, expenditures, changes of the balance and the total balance of the state budget and shall submit it to the Parliament of Georgia. The Budgetary Code of Georgia. Article 53.2
Block Explanation Information on the implementation of the State Budget
Within 20 days of the end of each quarter, Government of Georgia submits to Parliament the information on the implementation of the State Budget.
Block Explanation Quarterly review of execution of cumulative budget
Within 1 month from the end of each quarter the Ministry of Finance of Georgia shall submit to the Parliament of Georgia the quarterly review of execution of cumulative state budget. The Budgetary Code of Georgia. Article 54.
Within 1 month from the end of each quarter local self-government executive body shall submit to the relevant representative body quarterly review of execution of the budget with the cumulative, which includes: comparison of factual volumes of the revenues, expenditures (including, the funds allocated from the reserve funds), changes of balance and total balance with the planned indicators for the corresponding period. The Budgetary Code of Georgia. Article 85.
Within one month from the end of each quarter government of the Autonomous Republic shall submit the quarterly budgetary review to the Supreme Council of the Autonomous Republic with cumulative, which shall include the following: comparison of the factual values of revenues, expenditures (including the money allocated from the reserve funds), changes of balance and total balance with the planned indicators for the corresponding period. The Budgetary Code of Georgia. Article 108.
Block Explanation The final reports of the offices of payment
The offices of payment shall, upon request of the financial agency of the Autonomous Republic and within the defined terms, prepare and submit the final report to the financial agency of the Autonomous Republic no later than February 15. The financial agency of the Autonomous Republic shall prepare the annual report of execution of the republican budget of the Autonomous Republic and shall submit it for consideration to the government of the Autonomous Republic. The Budgetary Code of Georgia. Article 109.1.
Block Explanation Annual budget execution report
Financial agency of a local self-government body shall prepare annual budget execution report and shall submit it to the representative agency no later than 2 months following the end of the budgetary year. The Budgetary Code of Georgia. Article 86.
Government of the Autonomous Republic shall submit the annual report on execution of the republican budget of the Autonomous Republic to the Supreme Council of the Autonomous Republic no later than within 2 months. The Budgetary Code of Georgia. Article 109.2.
Block Explanation Document of the Basic Dimensions and Directions
With the purpose of presentation of Basic Dimensions and Directions before March 1 of every year the Government of Georgia defines in its decree the list of information to be presented by offices of payment, the State Representatives in the administrative-territorial units – Governors, the authorities of the Autonomous Republics and the authorities of local self-government bodies (except for the local self-government entities within the Autonomous Republics) and the terms for presentation of this information.The Budgetary Code of Georgia, Article 34.3.
With the purpose of drafting the document of priorities of the local self-government body, the executive body of the local self-government shall begin work from March 1 each year, for which it shall issue a corresponding legislative act that defines the list of information for setting the priorities and terms of submission. The Budgetary Code of Georgia. Article 76.3
With the purpose of drafting the document of the priorities of the Autonomous Republic, executive body of the Autonomous Republic shall issue the corresponding legislative act before March 1 of every year. The Budgetary Code of Georgia. Article 95.3
Block Explanation About Basic Dimensions and Dircetions
With the purpose of agreeing Basic Dimensions and Directions with the Georgian Parliamentary Committees, the Government of Georgia shall, prior to June 1, submit to the Parliament of Georgia the information concerning the main macroeconomic forecasts and the basic directions of Georgian Ministries. The resolutions of the Georgian Parliamentary Committees on the information concerned shall be transmitted to the Government of Georgia no later than June 20. Georgian Ministries shall annually, prior to June 30, approve their medium-term action plans which include the priorities, as well as the programmes and measures required in order to achieve such priorities. The Budgetary Code of Georgia. Article 34.4.
Block Explanation Annual report on execution of the state budget
In accordance with the instructions of the Ministry of Finances of Georgia and within the defined terms, the offices of payment shall prepare the final report and accounting overviews, which are submitted to the Ministry of Finance of Georgia. The Ministry of Finance of Georgia, on the basis of the data from the State Treasury, and the information received from the offices of payment, shall prepare annual report on execution of the state budget, which shall be submitted to the Parliament of Georgia no later than within 3 months after the end of the budgetary year. The Budgetary Code of Georgia. Article 55.
Block Explanation Annual report on budgets execution
Local self-government representative bodies shall publicly review annual report on budgets execution and, no later than May 1, shall make decisions on approval or rejection of the annual reports. The Budgetary Code of Georgia. Article 88.1.
Supreme Council of the Autonomous Republic shall, no later than May 1, make a decision on approval or rejection of the republican budget of the Autonomous Republic. The Budgetary Code of Georgia. Article 111.
Block Explanation Basic directions of the Autonomous Republic
With the purpose of agreeing Basic Dimensions and Directions with the Supreme Council of the Autonomous republics, the Chairman of the Government of the Autonomous Republic shall, prior to June 15, submit the information concerning the basic directions of the ministries of the Autonomous Republic concerned. The resolution of the Supreme Council of the Autonomous Republic shall be transmitted to the Government of the Autonomous Republic no later than June 30. The Budgetary Code of Georgia. Article 95.4.
In case of need for assistance from the state budget for the planned budgetary year, the executive authorities of the Autonomous Republics, no later than June 15, shall submit the main parameters to the Ministry of Finance of Georgia for definition of the scope of financial assistance. The Budgetary Code of Georgia. Article 96.1.
Block Explanation Report of the Chamber of Control of Georgia
The Chamber of Control shall, no later than 1 month after submission of annual budget execution report to the Parliament of Georgia by the Government of Georgia, submit to the Parliament a statement with regard to this report. The Budgetary Code of Georgia. Article 57.
Block Explanation Main macroeconomic forecasts
With the purpose of agreeing Basic Dimensions and Directions with the Georgian Parliamentary Committees, the Government of Georgia shall, prior to June 1, submit to the Parliament of Georgia the information concerning the main macroeconomic forecasts and the basic directions of Georgian Ministries. The resolutions of the Georgian Parliamentary Committees on the information concerned shall be transmitted to the Government of Georgia no later than June 20. Georgian Ministries shall annually, prior to June 30, approve their medium-term action plans which include the priorities, as well as the programmes and measures required in order to achieve such priorities. The Budgetary Code of Georgia. Article 34.4.
Block Explanation The annual report of the Chamber of Control of Georgia
The annual reports of National Bank and the Chamber of Control is discussed in appropriate committees and the conclusions are presented no later than 30 days, Parliament discusses and approves the appropriate decision. The Committee of Finance and Budget is co-reporter and represents the draft resolution of Parliament.
Block Explanation Draft budgets of the Parliament and the Chamber of Control of Georgia
Draft budgets of the Parliament of Georgia and the Chamber of Control of Georgia shall be presented by the Parliament of Georgia to the Government of Georgia no later than June 15. The Budgetary Code of Georgia. Article 41.1.
Block Explanation Annual report on budgets execution
After review of annual report on execution of the state budget and hearing the statement of the Chamber of Control of Georgia the Parliament of Georgia, no later than June 15, shall made a decision on adoption or rejection of the reports. The Budgetary Code of Georgia. Article 58.1.
Block Explanation Draft state budget
The Government of Georgia shall submit the draft state budget approved by the President of Georgia, along with enclosed materials, to the Parliament of Georgia no later than October 1.
Block Explanation Schedule of the consideration of the draft
Within 2 days of the reception of the draft law on the State Budget the Financial- Budgetary Committee, after the Chairman (Speaker) of Parliament meets with the representatives of committees, factions, the Majority, the Minority, ensures that the schedule of the consideration of the draft is worked out and approves it. (25.11.2005 #2150)
The draft law on the State Budget as well as the schedule of its consideration on the next day is approved, are sent to all the committees and factions, the Majority, the Minority, to the Coordination Council of independent MPs , also the Chamber of Control of Georgia, Legal Department of Parliament, the National Bank, Chamber of Control, and to Government – only the schedule of its consideration. Chamber of Control submits the conclusion to the plenary session on the rightfulness of the budget expenses two days before the conclusive sitting of Financial-Budgetary Committee. (25.11.2005 #2150)
Block Explanation Medium-term action plans
With the purpose of agreeing Basic Dimensions and Directions with the Georgian Parliamentary Committees, the Government of Georgia shall, prior to June 1, submit to the Parliament of Georgia the information concerning the main macroeconomic forecasts and the basic directions of Georgian Ministries. The resolutions of the Georgian Parliamentary Committees on the information concerned shall be transmitted to the Government of Georgia no later than June 20. Georgian Ministries shall annually, prior to June 30, approve their medium-term action plans which include the priorities, as well as the programmes and measures required in order to achieve such priorities. The Budgetary Code of Georgia. Article 34.4.
Block Explanation Draft of the Basic Dimensions and Directions
The Government of Georgia shall prepare no later than July 10 the first draft of the Basic Dimensions and Directions (except for information indicated in para 5 “c.c” of the present Article). The Budgetary Code of Georgia. Article 34.6.
Block Explanation Draft law on budget
Government presents to Parliament for consideration a revised draft law on the State Budget not later than November 1. (each page of the revised draft has to be authorized by responsible person) The information on the submitted proposals and comments with indication of the status of their consideration shall be attached to the draft. (25.11.2005 #2150)
Chairman of Government of the Autonomous Republic, before the beginning of a new budgetary year and no later than November 1, shall submit to the Supreme Council the draft law on the republican budget of the Autonomous Republic with all the enclosed materials.
Block Explanation Draft state budget
The Parliament of Georgia shall vote the draft state budget of Georgia no later than the third Friday of December. The draft state budget law shall be adopted with the majority of votes, in one reading. The Budgetary Code of Georgia. Article 39.8.
Block Explanation About draft budget
Ministry of Finance of Georgia shall review the submitted information and, taking into account existing resources, no later than in 15 days after publishing of the state budget law make a decision about quarterly and/or monthly breakdown of the state and consolidated general budgets (in their expenditure part). The Budgetary Code of Georgia. Article 47.2.
In the event the Parliament of Georgia fails to adopt draft state budget prior to the third Friday of December, the same draft budget or the amended document jointly prepared by the Conciliation Commission of the Government of Georgia and the members of the Parliament may be voted again within the period of 10 days, but no later than December 31. The Budgetary Code of Georgia. Article 39.11.
The Supreme Council of the Autonomous Republic shall approve the new annual republican budget before the beginning of a new budgetary year. The Budgetary Code of Georgia. Article 102.2.
Local self-government representative body shall publicly review the budget and before the beginning of a new budgetary year shall make a decision on adoption of the budget of the local self-government body. The decision on adoption of draft budget shall be taken by the majority of listed members of the representative body. The Budgetary Code of Georgia. Article 78.2.
