Georgian government should present a well-thought-out anti-crisis plan to
stimulate the economy. What has been done in recent weeks is good, but not
enough as these measures can have a
temporary effect, ” Tamaz Daushvili, CEO at the Dio company, says.
“The situation is unusual for everyone, and after the coronavirus epidemic ends, we should expect economic effects. Now it makes no sense to speak about economic growth not only in Georgia, but in the world. So far, the government has taken minor temporary steps, such as tax breaks for the sectors that will suffer the most - tourism and transport,” he explains.
“A comprehensive approach is crucial, including tax cuts, payment deferrals, allocation of credit resources, and assistance to the population. developed countries definitely have much more resources than Georgia, but their example can steer us in the right direction. In this case, the losses will be significant, but if Georgia overcomes the crisis, recovery will begin very quickly, ” Director General of Dio points out.