26.Nov .2020 17:00

The Government Will Subsidize Loans for 6,500 Restaurants for 6 Months

The Government Will Subsidize Loans for 6,500 Restaurants for 6 Months
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"Apart from small and family hotels, restaurants will be able to use the co-financing component of the Bank Loan interest program for six months," Natia Turnava, Minister of Economy and Sustainable Development, said at a briefing after the Intergovernmental Council.
 
"The program "Enterprise Georgia" should be specially mentioned, which is one of the strong levers of business assistance. We have so far subsidized the interest on bank loans for 2,200 small and family hotels through the program. The bank loan interest co-financing program is being expanded to include restaurants. We are talking about 1,500 restaurants, whose interest on bank loans will be subsidized for six months, "- said Natia Turnava.