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Increased pensions

Increased pensions

The Ministry of Finance of Georgia will be done with the pension indexation project in early November. The indexation of pensions should determine how the pension will annually increase in Georgia.

"We had consultations with the International Monetary Fund and World Bank mainly with the groups that cover social fields. The new mission arrives around the 15th of October. We will have more consultations with the International Monetary Fund and World Bank to prepare the final document. At the end of this month or in beginning of November it will be possible to present the pension indexation project", explains Giorgi Kakauridze, the Deputy Minister of Finance.

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