03.Apr .2020 19:09

PM Charges Turnava and Machavariani to start creating a post-crisis economic program

views 109
Back

Today we need to start creating a post-crisis economic program in the similar way we have begun to fight the epidemic earlier than many other countries, Prime Minister Giorgi Gakharia said at a meeting of the Inter-Agency Coordination Council today. He said more authorities should put an emphasis on the economy.

The head of government spoke about the need to create a post-crisis economic program, noting that there should be a clear difference between what is being done during the crisis and what should be done in the post-crisis period.

According to Gakharia, global competition between countries will begin to see how quickly they can tackle economic problems.

“We need to put more and more emphasis on the economy. We have already made the decision to launch credit guarantee schemes, but we are now talking about the post-crisis regime, the he recovery stage of a crisis. We have already talked about it. Here it is possible to attract our partner donor organizations. It is important for our business to know that these will credit guarantee schemes that will help companies in their post-crisis phase of development. In fact, what we have counted we can help GEL 2 billion worth of credit through credit guarantee schemes. But this is for a post-crisis period. We all have to understand that today we need to start creating a post-crisis economic program in the similar way we have begun to fight the epidemic earlier than many other countries and we need to make a clear difference - what we are doing in a crisis and what we will do in a post-crisis period. This is of great importance and we have said many times already that the biggest global competition between countries will begin on how they can quickly overcome economic problems, ”PM Gakharia said.