"Companies that plan to new projects will enjoy aid from the government in the form of a guarantee for 90% of a bank loan," Georgian Prime Minister Giorgi Gakharia said, adding the government guarantees 30% to companies that have already received loans for current projects.
In his words, it is the most efficient and rapid opportunity to allow companies to maintain their sustainability and liquidity.
''Currently, we pose a few questions. First, it concerns a change in the mechanism of the credit guarantee plan and legislative changes. It is one of the measures helping local companies," Gakharia stated.
Bela Gelashvili
News Author