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Georgia’s State Services Development Agency Achieves Record Revenue Growth in First Half of 2023

by Mariam Gorkhelashvili
August 30, 2023
in Business & Economy, Magazine
Reading Time: 1 min read
Business-Partner.ge

The State Services Development Agency under the Ministry of Justice of Georgia has achieved a notable milestone by recording a revenue of 57.2 million GEL in the first half of 2023, the agency reports. This figure stands out as it represents a 30% surge compared to the revenue generated during the same period in the previous year, emphasizing the agency’s financial growth.

The core responsibility of the State Services Development Agency encompasses the issuance of vital documents including identity cards, passports, marriage certificates, residence permits, and other official papers within the country.

The upswing in revenue is primarily attributed to revised fees for essential documents that the agency provides. Notably, the cost for obtaining an identity card has been revised from 30 GEL to 60 GEL, and the fee for a biometric passport has been adjusted from 100 GEL to 150 GEL. The rationale behind these increases has been clarified by the agency, citing the need to cover rising expenses.

In response to an inquiry by Member of Parliament Davit Usupashvili, the agency disclosed its revenue figures. The data reveals that in 2022, the agency accumulated a total income of 104 million GEL, marking a substantial increase compared to the 56 million GEL earned in 2021.

Furthermore, a breakdown of income on a monthly basis shows that the agency’s highest revenue was achieved in June 2023, amounting to 11.5 million GEL. This highlights a notable peak in demand for the agency’s services during that particular month.

In conclusion, the State Services Development Agency’s impressive financial performance in the first half of 2023, driven by revised fees for essential documents, underscores its pivotal role in providing crucial public services. The surge in revenue aligns with increased expenses and reflects the public’s continued reliance on the agency’s offerings.

By Mariam Gorkhelashvili

Tags: Biometric passportIDMinistry of Justice of GeorgiaThe State Services Development Agency
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