Georgia’s score on the Open Budget Index shows that the government provides the public with some, albeit incomplete, information on the central government’s budget and financial activities during the course of the budget year. This makes it difficult for citizens to hold government accountable for its management of the public’s money.
This paper focuses on the most significant fiscal changes since the “Rose Revolution” in Georgia, such as the state’s increased revenue-collecting capacity as a result of the adoption of the new tax code in 2004. The paper also discusses the challenges of the Medium-Term Expenditure Framework (MTEF) process to increase efficiency and transparency and create more results-oriented policies. Based on approved budgets and subsequent amendments and fulfillment reports, the paper presents Georgia’s expenditure policy priorities.