Home
Category
TV Live Menu
Loading data...

Ministry of Finance predicts export decline to 20% in 2020

5ec3e860af51d
BM.GE
19.05.20 18:06
827
Supposedly, export will be declined from 15 to 20% during the year, - Giorgi Kakauridze, Deputy Minister of Finance has declared at the Budget-Committee Meeting.

“As for export, export will be reduced by 11% in Q1, while decline of 15-20% is expected during the year. It means that sales of export-focused companies will be reduced as well. Respectively, they will need less staff. The main goal of our grace period is to keep more employees even with cut salaries”, - Kakauridze declares.