A NEGATIVE FINALE OF THE BUDGET PROCESS AND ITS FEATURES

Abstract

This paper examines the characteristic features of the legislators’ failure to approve the state budget. I would like to point out that we have chosen the term “negative finale” of the budget process since we believe it simply and clearly describes the situation we are going to examine.

The paper will analyse the 1921 Constitution of Georgia and examine the regulations of the current Constitution. It will also review the initial version of the current Constitution as well as new regulations adopted after the 2004 constitutional reform. We will try to identify the role and importance of the negative finale of the budget process within the constitutional system of Georgia.