“Business is not under pressure today, but it is at a lower level of motivation than before”

“Business is not under pressure today, but it is at a lower level of motivation than before”

access_time2019-09-16 12:00:23

Tamaz Daushvili, CEO of Dio,  believes that the Finance Minister is partially right when he says that Georgia has the best business climate in the past 25 years, but this is only one side of the coin.

“Business is not under pressure today, although it is difficult to say for sure - such facts probably take place but they are not made public because of fear, and maybe after the change of power they will become known. From a legal point of view, the situation of business has improved, but from the economic point of view, it has worsened, ” the businessman says.

According to him, business is now at a lower level of motivation than before.

“The country is not developing, investments are not pouring, a lot should  be changed in this regard. The government is not active enough that led to  a reduction in investment, weak economic growth and the national currency’s collapse. For this reason the business can’t  plan anything. The studies show that business expectations are mostly negative, ” Tamaz Daushvili explains.


In Daushvili’s opinion,  the country needs very effective and efficient measures to improve the economy.

  “We should do everything  to attract foreign investment in the shortest possible time that will have a positive impact on the economy and the national currency,” the businessman notes.


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