Transport tariff revenue more than doubles in five years
By M. Alkhazashvili
(Translated by Diana Dundua)
(Translated by Diana Dundua)
Monday, February 18
Transport tariffs have become an important generator of revenue for Georgia, according to the newspaper 24 Saati. In 2007, tariffs raised USD 403 million, well above the 2005 figure of USD 328 million. The government projects state income for 2008 to be GEL 4.6 billion, making transport tariffs likely to account for eight to nine percent of total income.
Most revenue comes from pipeline and railway tariffs, and the operation of the Baku–Tbilisi–Ceyhan pipeline, which went online in 2005, has significantly contributed to the revenue increase.
Most revenue comes from pipeline and railway tariffs, and the operation of the Baku–Tbilisi–Ceyhan pipeline, which went online in 2005, has significantly contributed to the revenue increase.