Gov’t to allocate  GEL 1.1 billion to help businesses and citizens

Gov’t to allocate GEL 1.1 billion to help businesses and citizens

access_time2020-11-26 16:11:11


 

Prime Minister Giorgi Gakharia says that the portfolio of targeted assistance to businesses and population will cost GEL 1.1 billion.



"The portfolio of the fourth wave of assistance, both targeted social assistance and business assistance will cost the state GEL 1 billion 100 million. We understand that this is the least we can do today. In addition, we have a legal basis for the formal implementation of these restrictions till 1 January. As you know, the health law is valid until January 1, the budget needs also to be approved, and I am sure that after the new parliament convenes, we will be able to do all this quickly and easily.


This is a two-month plan that should stabilize the spread of the infection in the country and maintain the potential for rapid economic growth that we had in the spring. All international organizations confirm that Georgia has potential for rapid post-crisis economic recovery," - said Giorgi Gakharia.


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