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21.Oct .2020 17:15

Four factors that make it hard to do business in Georgia - Businesses

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According to Business Association of Georgia (BAG), in the third quarter of 2020 businesses view 4 factors as the most deterring to doing business in Georgia.

These are: (1) lack of demand on products and services; (2) barriers related to the rule of law and administrative obstacles; (3) lack of professionals and (4) limited access to finance.

The first factor which has affected 68% of businesses polled – BAG explains – has become especially acute during the pandemic since March 2020. According to BAG, this share is up from just 16% last year.