''The co-financing mechanisms of the 'Produce in Georgia' state program and the government involvement in the interest rate sponsorship will increase,'' Georgian Prime Minister Giorgi Gakharia said when presenting an anti-crisis economic plan.
In his words, while the co-financing period for a credit or leasing service was 24 months, it will reach 36.
Gakharia says the 'Produce in Georgia' government program is one of the most successful ones supporting private entrepreneurs.
''It is of utmost importance to encourage people who have launched certain projects or see the opportunity to start new ones,'' Gakharia added.
He says the companies involved in the Produce in Georgia program will have simplified access to the resources.
The Georgian government presented an anti-crisis plan today and offered assistance to both natural and legal entities.
The government plans to spend 3,5 billion GEL for crisis management.
The Georgian government will provide commercial banks with 600 million GEL.
Following the decision of the government, it will lift the economic restrictions in three phases.
Bela Gelashvili
News Author